1 Sweet Company's outstanding stock consists of 1,800 shares of cumulative 4% preferred stock with...
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1 Sweet Company's outstanding stock consists of 1,800 shares of cumulative 4% preferred stock with a $100 par value and 10,800 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividends Declared & Paid The amount of dividends paid to preferred and common shareholders in year 3is. Year 1 2800 year 2 6800 year 3 36,000 
1
1 Sweet Company's outstanding stock consists of 1,800 shares of cumulative 4% preferred stock with a $100 par value and 10,800 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividends Declared & Paid The amount of dividends paid to preferred and common shareholders in year 3is. Year 1 2800
year 2 6800
year 3 36,000
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