FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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A company had stock outstanding as follows during each of its first three years of operations: 2,500 shares of 10%, $100 par, cumulative
Determine the total and per-share dividends for each class of stock for each year by completing the schedule. If necessary, round dividends per share to the nearest cent. If your answer is zero, please enter "0".
Preferred | Common | |||||||||
Year | Dividends | Total | Per Share | Total | Per Share | |||||
1 | $10,000 | $ | $ | $ | $ | |||||
2 | 25,000 | |||||||||
3 | 60,000 |
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