QUESTION 2 A company had stock outstanding as follows during each of its first three years of operations: 2.000 shares of 106, $100 par cumulative preferred stock and 42,000 shares of $10 par common...


QUESTION 2<br>A company had stock outstanding as follows during each of its first three years of operations: 2.000 shares of 106, $100 par cumulative preferred stock<br>and 42,000 shares of $10 par common stock. The amounts distributed as divideds follow.<br>Determine the total and per-share dividends for each class of stock for each year by completing the schedule. Round your dividends per share to the<br>nearest cent. If your answer is zero, please enter

Extracted text: QUESTION 2 A company had stock outstanding as follows during each of its first three years of operations: 2.000 shares of 106, $100 par cumulative preferred stock and 42,000 shares of $10 par common stock. The amounts distributed as divideds follow. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. Round your dividends per share to the nearest cent. If your answer is zero, please enter "0" (zero): failure to do so will result in lost points. DO NOT USE A DECIMAL WITH ZEROES FOR WHOLE DOLLAR AMOUNTS AND USE COMMAS APPROPRIATELY. Preferred Year Dividends Common Total Per Share Total Per Share $15,000 $4 4 $20,000 24 24 $27,040 THIS QUESTION WILL ALSO BE CHECKED MANUALLY. QUESTION 3 he dates of importance in connection with a cash dividend of $143,000 on a corporation's common stock are January 15, February 15, and March 15. surnalize the entries required on each date using the chart of accounts below. %24 %24 %24 %24 %24 2.

Jun 10, 2022
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