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Instructions 1. Determine the total dividends and the per-share dividends declared on each class of stook for each of the six years. There were no dividends in arrears at the beginning of Year 1 Summarize the data in tabular form, using the following column headings: Preferred Dividends Common Dividends Total Dividends Total Per Share Total Per Share Year Year 1 $ 80,000 Year 2 90,000 Year 3 150,000 Year 4 150,000 Year 5 160,000 Year 6 180,000 2. Determine the average annual dividend per share for each class of stock for the six-year period. 3. Assuming a market price per share of $25.00 for the preferred stock and $17.50 for the common stock, determine the average annual percentage return on initial shareholders vestment, based on the average annual dividend per share (A) for preferred stock and for common stock.

Instructions 1. Determine the total dividends and the per-share dividends declared on each class of stook for each of the six years. There were no dividends in arrears at the beginning of Year 1 Summarize the data in tabular form, using the following column headings: Preferred Dividends Common Dividends Total Dividends Total Per Share Total Per Share Year Year 1 $ 80,000 Year 2 90,000 Year 3 150,000 Year 4 150,000 Year 5 160,000 Year 6 180,000 2. Determine the average annual dividend per share for each class of stock for the six-year period. 3. Assuming a market price per share of $25.00 for the preferred stock and $17.50 for the common stock, determine the average annual percentage return on initial shareholders vestment, based on the average annual dividend per share (A) for preferred stock and for common stock.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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How do i do PR 12-1A

Instructions 1. Determine the total dividends and the per-share dividends declared on each class of stook for each of the six years. There were no dividends in arrears at the beginning of Year 1 Summarize the data in tabular form, using the following column headings: Preferred Dividends Common Dividends Total Dividends Total Per Share Total Per Share Year Year 1 $ 80,000 Year 2 90,000 Year 3 150,000 Year 4 150,000 Year 5 160,000 Year 6 180,000 2. Determine the average annual dividend per share for each class of stock for the six-year period. 3. Assuming a market price per share of $25.00 for the preferred stock and $17.50 for the common stock, determine the average annual percentage return on initial shareholders vestment, based on the average annual dividend per share (A) for preferred stock and for common stock.
Transcribed Image Text:Instructions 1. Determine the total dividends and the per-share dividends declared on each class of stook for each of the six years. There were no dividends in arrears at the beginning of Year 1 Summarize the data in tabular form, using the following column headings: Preferred Dividends Common Dividends Total Dividends Total Per Share Total Per Share Year Year 1 $ 80,000 Year 2 90,000 Year 3 150,000 Year 4 150,000 Year 5 160,000 Year 6 180,000 2. Determine the average annual dividend per share for each class of stock for the six-year period. 3. Assuming a market price per share of $25.00 for the preferred stock and $17.50 for the common stock, determine the average annual percentage return on initial shareholders vestment, based on the average annual dividend per share (A) for preferred stock and for common stock.
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