! Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 20,000 28,000 200,000 350,000 Exercise 11-12 (Static) Dividends on common and cumulative preferred LO C2 York's outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 200,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends: Note: Round your "Dividend per Preferred Share" answer to 3 decimal places. Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Preferred Dividend Shares Annual Preferred Dividend: $ 5.00 7.5% $ 0.375 80,000 $ 30,000 Dividends in Total Cash Dividend Paid Paid to Preferred Paid to Common Arrears at year-end Year 1 $ 20,000 $ 20,000 $ O Year 2 28,000 28,000 Year 3 200,000 이 Year 4 350,000 30,000 320,000 0 Totals $ 598,000 $ 78,000 $ 320,000
! Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 20,000 28,000 200,000 350,000 Exercise 11-12 (Static) Dividends on common and cumulative preferred LO C2 York's outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 200,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends: Note: Round your "Dividend per Preferred Share" answer to 3 decimal places. Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Preferred Dividend Shares Annual Preferred Dividend: $ 5.00 7.5% $ 0.375 80,000 $ 30,000 Dividends in Total Cash Dividend Paid Paid to Preferred Paid to Common Arrears at year-end Year 1 $ 20,000 $ 20,000 $ O Year 2 28,000 28,000 Year 3 200,000 이 Year 4 350,000 30,000 320,000 0 Totals $ 598,000 $ 78,000 $ 320,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
min.3
answer must be in table format or i will give down vote
![!
Required information
Use the following information for the Exercises below. (Static)
[The following information applies to the questions displayed below.]
Year 1 total cash dividends
Year 2 total cash dividends
Year 3 total cash dividends
Year 4 total cash dividends
$ 20,000
28,000
200,000
350,000
Exercise 11-12 (Static) Dividends on common and cumulative preferred LO C2
York's outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par
value and also 200,000 shares of common stock with a $1 par value. During its first four years of
operation, the corporation declared and paid the following total cash dividends:
Note: Round your "Dividend per Preferred Share" answer to 3 decimal places.
Par Value per
Preferred
Share
Dividend Rate
Dividend per
Preferred
Share
Number of
Preferred
Preferred
Dividend
Shares
Annual Preferred Dividend:
$
5.00
7.5%
$
0.375
80,000 $
30,000
Dividends in
Total Cash
Dividend Paid
Paid to
Preferred
Paid to
Common
Arrears at
year-end
Year 1
$
20,000 $
20,000 $
O
Year 2
28,000
28,000
Year 3
200,000
이
Year 4
350,000
30,000
320,000
0
Totals
$
598,000 $
78,000 $
320,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff3ec8fd1-9c5f-443b-a6df-bff8621bdd5c%2Ffbed4b75-9b3f-41c9-a5be-60fecbff4d4c%2Fwfhw5d_processed.jpeg&w=3840&q=75)
Transcribed Image Text:!
Required information
Use the following information for the Exercises below. (Static)
[The following information applies to the questions displayed below.]
Year 1 total cash dividends
Year 2 total cash dividends
Year 3 total cash dividends
Year 4 total cash dividends
$ 20,000
28,000
200,000
350,000
Exercise 11-12 (Static) Dividends on common and cumulative preferred LO C2
York's outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par
value and also 200,000 shares of common stock with a $1 par value. During its first four years of
operation, the corporation declared and paid the following total cash dividends:
Note: Round your "Dividend per Preferred Share" answer to 3 decimal places.
Par Value per
Preferred
Share
Dividend Rate
Dividend per
Preferred
Share
Number of
Preferred
Preferred
Dividend
Shares
Annual Preferred Dividend:
$
5.00
7.5%
$
0.375
80,000 $
30,000
Dividends in
Total Cash
Dividend Paid
Paid to
Preferred
Paid to
Common
Arrears at
year-end
Year 1
$
20,000 $
20,000 $
O
Year 2
28,000
28,000
Year 3
200,000
이
Year 4
350,000
30,000
320,000
0
Totals
$
598,000 $
78,000 $
320,000
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