20.

please answer this correctly and show the formulas if u can. this assignment is due soon.

Return to question 20 Ozark Distributing Company is primarily engaged in the wholesale distribution of consumer products in the Ozark Mountain regions. The following disclosure note appeared in the company's 2018 annual report 035 points Note 5. Convertible Preferred Stock (in part) The Company has the following Convertible Preferred Stock outstanding as of September 2018 Date of issuance: Optionally redeemable beginning: Par value (gross proceeds): Number of shares: Liquidation preference per share Conversion price per s Number of common shares in which to be converted: Dividend rate: June 17, 2015 June 18, 2017 $1,288,000 128,800 10 s 13.26 90,497 hare: 6.69e% The Preferred Stock is convertible at any time by the holders into a number of shares of Ozark's common stock equal to the number of preferred shares being converted times a fraction equal to $10 divided by the conversion price. The conversion prices for the Preferred Stock are subject to customary adjustments in the event of stock splits, stock dividends and certain other distributions on the Common Stock. Cumulative dividends for the Preferred Stock are payable in arrears, when, as and if declared by the Board of Directors, on March 31, June 30, September 30. and December 31 of each year The Preferred Stock is optionally redeemable by the Company beginning on various clates, as listed above, at reciemption prices equal to 110% of the liquidation preference. The redemption prices decrease 2% annually thereafter until the redemption price equals the liquidation preference after which date it remains the liquidation preference Required: K Prey20 of 40Next> Return to question 20 1. What amount of dividends is paid annually to a preferred shareholder owning 150 shares of the Series A preferred stock? 2. If dividends are not paid in 2019 and 2020, but are paid in 2021, what amount of dividends will the shareholder receive? 3. If the investor chooses to canvert the shares in 2019, how many shares of common stock will the investor receive for his/her 150 0.35 points shares? 4. If Ozark chooses to redeem the shares on June 18, 2019, what amount will the investor be paid for his/her 150 shares? & Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What amount of dividends is paid annually to a preferred shareholder owning 150 shares of the Series A preferred stock? (Round "Dividend Rate" to 3 decimal places.) Total Preferred Dividend AnnualNumber of Dividend Dividend Par Value Shares preferred preferred owned dividend per (%) Preferred Preferred Shares Rate Shares 150 share 1200,0000 6690% Required 2 Prev 20 of 40 Next> Return to question 20 Required: 1. What amount of dividends is paid annually to a preferred shareholder owning 150 shares of the Series A preferred stock? 2. If dividends are not paid in 2019 and 2020, but are paid in 2021, what amount of dividends will the shareholder receive? 0.35 points 3. i the imvestor chooses to convert the shares n 2019, how many shares of common stock wl the nvestor receve for hsher1s0 4. If Ozark chooses to redeem the shares on June 18. 2019, what amount will the investor be paid for his/her 150 shares? 3 Answer is not complete. Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3Required4 If dividends are not paid in 2019 and 2020, but are paid in 2021, what amount of dividends will the shareholder receive? (Round your answer to 3 decimal places.) Required 1 Required 3> Return to question 1. What amount of dividends is paid annually to a preferred shareholder owning 150 shares of the Series A preferred stock? 2. If dividends are not paid in 2019 and 2020, but are paid in 2021, what amount of dividends will the shareholder receive? 3. If the investor chooses to canvert the shares in 2019, how many shares of common stock will the investor receive for his/her 150 shares? 4. If Ozark chooses to redeem the shares on June 18, 2019, what amount will the investor be paid for his/her 150 shares? 0.35 points 3 Answer is not complete. Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Required If Ozark chooses to redeem the shares on June 18, 2019, what amount will the investor be paid for his/her 150 shares? Round "Per Share Amounts' to 2 decimal places except percentage values.) Share 150 Redemption Percentage (%) Redemption price, June 18, 2019 Required 3