Preferred and common stock holders during of four years

Reference no: EM13147071

Ghana corporation has 10000 shares of its $100 par value, 7% cumulative preferred stock outstanding and 50000 shares of its $1 par value common stock outstanding, In Ghana's first four years of operation, its board of directors paid cash dividends as follows 2009 none, 2010, $120000, 2011, $140000, 2012, $140000. Determine the dividends per share and total cash dividends paid to the preferred and common stock holders during each of the four years

Reference no: EM13147071

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