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A company had stock outstanding as follows during each of its first three years of operations: 2,500 shares of 10%, $100 par, cumulative preferred stock and 50,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and per-share dividends for each class of stock for each year by completing the schedule.
Direct Shipping
A distribution method where goods are shipped directly from the manufacturer or supplier to the customer, bypassing any intermediaries.
Central DC
A primary distribution center in a logistics network from which goods are shipped to various locations or customers.
Central DC
A principal distribution center in a logistics network where products are received from suppliers and then distributed to various retail or end points.
Suppliers
Entities that provide goods and services needed by a company to produce its own products.
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