Total dividend paid to preferred stockholders = Number of preferred shares x Par value per preferred share x Dividend rate
= 6,000 x 100 x 8%
= $48,000
Total dividend paid to common stockholders = Number of common shares x Dividend per common share
= 56,000 x 4
= $224,000
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Weaver Corporation had the following stock issued and outstanding at January 1, 2018 1. 56,000 shares...
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