Total assets $325,000,000
Total liabilities $200,000,000
Stockholders' equity
Contributed capital
9%, cumulative preferred stock, $100 par, 300,000
shares issued
$30,000,000
Common stock, $1 par, 20,000,000 shares issued $20,000,000
Additional paid-in capital, common stock $46,000,000
Total contributed capital $96,000,000
Retained earnings $29,000,000
Total stockholders' equity $125,000,000
1. Assume the company neither declared nor paid any cash dividends in the previous year. Calculate the total dollar amount of cash dividends paid to preferred stockholders in the current year ended March 31.
2. Assume the company neither declared nor paid any cash dividends in the previous year. Calculate the total dollar amount of cash dividends paid to common stockholders in the current year ended March 31.
3. Assume the company neither declared nor paid any cash dividends in the previous year. Calculate the common stock cash dividends per share paid in the current year ended March 31.