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Jane Kathryn Has 30,000 Shares Outstanding of $10 Par Value,10

Question 84

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Jane Kathryn has 30,000 shares outstanding of $10 par value,10% preferred stock and 100,000 shares outstanding $5 par value common stock.In the first 3 years of operations,the company paid dividends in Year 1,$0;Year 2,$40,000;Year 3,$100,000.Calculate the dividend paid to preferred and common stockholders under the following independent situations:
Jane Kathryn has 30,000 shares outstanding of $10 par value,10% preferred stock and 100,000 shares outstanding $5 par value common stock.In the first 3 years of operations,the company paid dividends in Year 1,$0;Year 2,$40,000;Year 3,$100,000.Calculate the dividend paid to preferred and common stockholders under the following independent situations:

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