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Accounting

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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Exercise 11-13 (Algo) Dividends on common and cumulative preferred LO C2 York's outstanding stock consists of 70,000 shares of cumulative 8.0% preferred stock with a $5 par value and also 230,000 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: Note: Round your "Dividend per Preferred Share" answer to 3 decimal places. Exercise 11-13 (Algo) Dividends on common and cumulative preferred LO C2 York's outstanding stock consists of 70,000 shares of cumulative 8.0% preferred stock with a $5 par value and also 230,000 common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following tot dividends: Note: Round your "Dividend per Preferred Share" answer to 3 decimal places

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