Preferred shares, $4.55 non-cumulative, 52,000 shares authorized and issued* $ 3,328,000 Common shares, 87,000 shares authorized and issued* 1,392,000 Required: Part A 1. Calculate the total dividends paid in each year to the preferred and to the common shareholders.
Preferred shares, $4.55 non-cumulative, 52,000 shares authorized and issued* $ 3,328,000 Common shares, 87,000 shares authorized and issued* 1,392,000 Required: Part A 1. Calculate the total dividends paid in each year to the preferred and to the common shareholders.
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter15: Contributed Capital
Section: Chapter Questions
Problem 17E
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Question
52,000 shares authorized and issued* | $ | 3,328,000 | |
Common shares, | |||
87,000 shares authorized and issued* | 1,392,000 | ||
Required:
Part A
1. Calculate the total dividends paid in each year to the preferred and to the common shareholders.
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