In: Accounting
In each case in the following table, how many dollars of preferred dividends per share must be paid to preferred stockholders in the current period before common stock dividends are paid.
Case / Type / Par Value / Dividend per share per
period / periods of dividends passed
A / Cumulative / $140 / $13.30 / 4
B / Noncumulative / $60 / 4.5% / 5
C / Noncumulative / $120 / $4.80 / 6
D / Cumulative / $50 / 2.0% / 3
E / Cumulative / $150 / 7.0% / 2