Required Information The following intormation opplies to the questions disployed below] York's outstanding stock consists...
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Required Information The following intormation opplies to the questions disployed below] York's outstanding stock consists of 70,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 120.000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and poid the following total cash dividends: Determine the amount of dividends paid each year to each of the two classes of stockholders preferred and common. Note: Round your "Olvidend per Preferred Shore" answer to 3 declmal places
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