Total cash dividends and dividends per share

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Reference no: EM13151837

The Ferris Corporation has 2,000 shares of $100, 8 percent cumulative preferred stock outstanding and 40,000 shares of $1 par value common stock outstanding. In the company's first three years of operation, its board of directors paid cash dividends as follows: 2009, none; 2010, $42,000; and 2011, $80,000.

Determine the total cash dividends and dividends per share paid to the preferred and common stockholders during each of the three years.

Reference no: EM13151837

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