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Required information [The following information applies to the questions displayod below]...

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Accounting

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Required information [The following information applies to the questions displayod below] ork's outstanding stock consists of 70,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 180,000 shares f common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following tofal cash ividends: letermine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. lote: Round your "Dividend per Preferred Share" answer to 3 decimal places

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