determine the total and per share dividends question a company had stock outstanding 3268050

Determine the total and per share dividends

Question: A company had stock outstanding as follows during each of its first three years of operations: 2,000 shares of $10, $100 par, preferred stock and 50,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and per share dividends for each class of stock for each year by completing the schedule.

Preferred Common

Year Dividends Total Per Share Total Per Share

1 $10,000

2 $25,000

3 $60,000

Determine the total and per share dividends
Accounting Basics

 

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