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.
Definitions:
Phase Voltage
The voltage measured across a single component in a multiphase system.
Wye
A three-phase connection in electrical systems where the endpoints of three coils are connected at a single neutral point, forming a Y shape, commonly used in power distribution.
Delta
In electrical engineering, it often refers to a triangular connection in a three-phase system where the end of one winding is connected to the start of the next.
Three-Phase Power Systems
Electrical power systems that use three alternating currents or phases, each phase being out of phase with the other by one-third of a complete cycle, widely used for power transmission and large electric motors.
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