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Calculate the total dividends and the dividends per share

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Question - Gardener corporation began business on june 30, 2013. at that time, it insued 20,000 shares of $50 par value, six percent, cumulative preffered stock and 90,000, shares of $10 par value common stock. through the end of 2015, there had been no change in the number of perferred and common shares outstanding.

Assume that gardener declared dividends of $62,00 in 2013, $0 in 2014, and $345,000 in 2015. Calculate the total dividends and the dividends per share paid to each class of stock in 2013, 2014, and 2015.

Reference no: EM131651170

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