As head of Adita Incorporated, potential investors are asking questions about the company's dividend payment...
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Accounting
As head of Adita Incorporated, potential investors are asking questions about the company's dividend payment history. The investors are also curious how dividend payments differed for common and preferred shareholders. To help answer their questions, the following Tableau Dashboard is provided. Cash Dividends Distributed by Year Number of Shares $400,000 1. What is the total cash dividends paid out for Years 1,2,3, and 4 combined? 2. Assume that preferred stock is noncumulative and compute the Year 4 cash dividends paid to (a) preferred stockholders and (b) common stockholders. What is the total cash dividends paid out for Years 1,2,3, and 4 combined? Assume that preferred stock is noncumulative and compute the Year 4 cash dividends paid to (a) preferred stockholders an (b) common stockholders
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