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- CommentAuthorSilviac7
- CommentTimeJul 20th 2008 edited
i have doubts on how to calculate the preferred stock and the common stock
im stuck in one of my assignments and i dont no how to figure out the rest of the common and preferred stock
this is the prob.
York's outstanding stock consists of (a) 11,000 shares of noncumulative 6.5% preferred stock with a $10 par value and (b) 27,500 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.
2006 $6,000
2007 21,000
2008 100,000
2009 191,000
-------- preferred---- common
2006-------- 6,000---- 0
2007-------- 7,150---- 13,850 <--- i understood how to calculate this and get my answer but i dont now how to do the 2008 and 2009
2008 ? ?
2009 ? ?
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