troubleletter
Jan 30, 2013, 06:56 PM
Wade’s outstanding stock consists of 14,000 shares of noncumulative 5.20% preferred stock with a $10 par value and also 35,000 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.
2011 $ 6,000
2012 24,000
2013 100,000
2014 190,000
Determine the amount of dividends paid each year to each of the two classes of stockholders. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)
Preferred Common
2011 $ $
2012 $ $
2013 $ $
2014 $ $
Compute the total dividends paid to each class for the four years combined. (Omit the "$" sign in your response.)
Preferred Common
Total dividends for four years $ $
2011 $ 6,000
2012 24,000
2013 100,000
2014 190,000
Determine the amount of dividends paid each year to each of the two classes of stockholders. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)
Preferred Common
2011 $ $
2012 $ $
2013 $ $
2014 $ $
Compute the total dividends paid to each class for the four years combined. (Omit the "$" sign in your response.)
Preferred Common
Total dividends for four years $ $