Business
Business, 03.07.2021 04:50, cynthiagutierrez65

Year 1 total cash dividends $ 23,000

Year 2 total cash dividends

31,700

Year 3 total cash dividends

235,000

Year 4 total cash dividends

385,000

York's outstanding stock consists of 90,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 270,000 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: (Round your "Dividend per Preferred Share" answer to 3 decimal places.)


Year 1 total cash dividends

$ 23,000
Year 2 total cash dividends
31,700
Year 3 total cash dividen

answer
Answers: 3

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Do you know the correct answer?
Year 1 total cash dividends $ 23,000

Year 2 total cash dividends

31,700

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