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Required information [The following information applies to the questions displayed below.] 'k's outstanding stock consists...

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Accounting

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Required information [The following information applies to the questions displayed below.] 'k's outstanding stock consists of 70,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 180,000 shares common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash idends: termine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. te: Round your "Dividend per Preferred Share" answer to 3 decimal places. Answer is comblete but not entirelv correct

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