A company had stock outstanding as follows during each of its first three years of...
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A company had stock outstanding as follows during each of its first three years of operations: 2,000 shares of 8%, $100 par, cumulative preferred stock and 53,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. Round dividends per share to the nearest cent. Enter "0" if no dividends are paid.
A company had stock outstanding as follows during each of its first three years of operations: 2,000 shares of 8% $100 par cumulative pre erred stock and 5 000 share s of u common stock. The amounts distributed as dividends are presented below. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. Round dividends per share to the nearest cent. Enter "O" if no dividends are pald. Year Dividends Total per Share Total Per Share $12,000 12,000 0 0 16,000 16,000 0 3 22,900
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