ghana corporation has 10000 shares its 100 par valuehttpwestcengagenowcomilrntakeassignmentt

In the questions below, determine the percentage error. Show your work on all problems. ** A dad holds five coins in his hand.
September 16, 2020
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September 16, 2020

ghana corporation has 10000 shares its 100 par valuehttpwestcengagenowcomilrntakeassignmentt

Ghana Corporation has 10,000 shares of its $100 par value, 7 percent cumulative preferred stock outstanding and 50,000 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, $120,000; 2011, $140,000; 2012, $140,000.

Determine the dividends per share and total cash dividends paid to the preferred and common stockholders during each of the four years. If an amount is zero, enter “0”. If required, round your answers to two decimal places.

 

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