! 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
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answer must be in table format or i will give down vote
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