York's outstanding stock consists of 49,000 shares of cumulative 9.50% preferred stock with a $10 par value and also 122,500 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.
Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. Also determine the total dividends paid to each class for the four years combined. (Round your "Dividend per Preferred Share" answers to 2 decimal places.)
York's outstanding stock consists of 49,000 shares of cumulative 9.50% preferred stock with a $10 par value and also 122,500 shares of common stock with a $1 par value
York's outstanding stock consists of 80,000 shares of cumulative 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 2015 $ 20,000 2016 28,000 2017 200,000 2018 350,000 Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. Also determine...
York's outstanding stock consists of 70,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 180,000 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. Exercise 11-11 Dividends on common and cumulative preferred stock LO C2 Use the data in Exercise 11-10 to determine the amount of dividends paid each year to each of the two classes of stock assuming that...
York's outstanding stock consists of 70,000 shares of noncumulative 8.5% preferred stock with a $5 par value and also 290,000 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. Year 1 total cash dividends $ 18,800 Year 2 total cash dividends 27,700 Year 3 total cash dividends 245,000 Year 4 total cash dividends 395,000 Exercise 11-10 Dividends on common and noncumulative preferred stock LO C2 Determine the amount of...
The first question York's outstanding stock consist of 80,000 shares of non-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 dividend: 2013........$20,000 2014........$15,000 2015........$200,000 2016........$300,000 A. Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. Also compare the total dividends paid to...
York's outstanding stock consists of 80,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 140,000 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. Year 1 total cash dividends $ 16,500 Year 2 total cash dividends 26,000 Year 3 total cash dividends 275,000 Year 4 total cash dividends 425,000
York’s outstanding stock consists of 60,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 170,000 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. 2016 total cash dividends $ 10,700 2018 total cash dividends $ 290,000 2017 total cash dividends 20,500 2019 total cash dividends 440,000 Determine the amount of dividends paid each year to each of...
York's outstanding stock consists of 80,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 300.000 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. Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $13,000 22,000 250,000 400,000 Determine the amount of dividends paid each year to each...
York’s outstanding stock consists of 90,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 270,000 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: 2015 total cash dividends $ 23,000 2016 total cash dividends 31,700 2017 total cash dividends 235,000 2018 total cash dividends 385,000 Determine the amount of dividends paid each year to each of the two...
York's outstanding stock consists of 80,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 140,000 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. $ Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends 16,500 26,000 275,000 425,000 Exercise 13-11 Dividends on common and cumulative preferred stock...
York’s outstanding stock consists of 80,000 shares of noncumulative 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. 2016 total cash dividends $ 20,000 2018 total cash dividends $ 200,000 2017 total cash dividends 28,000 2019 total cash dividends 350,000 Exercise 11-8 Dividends on common and noncumulative preferred stock LO C2 Determine...