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5. Anderson Company paid dividends at the end of each year as follows: 2012 $ 180,000 2013 $ 260,000 2014 $ 600,000 Determine the amount

5. Anderson Company paid dividends at the end of each year as follows:
2012 $ 180,000
2013 $ 260,000
2014 $ 600,000
Determine the amount of dividends per share paid on common and preferred stock for each year
assuming independent capital structures as follows:
A) Common: 300,000 shares of no- par common
Preferred: 10,000 shares of $100 par, 9% noncumulative preferred
B) Common: 250,000 shares of no-par common
Preferred: 20,000 shares of $100 par 9% noncumulative preferred
C) Common: 250,000 shares of no-par common
Preferred: 20,000 shares of $100 par 9% cumulative preferred
D) Common: 250,000 shares of $1 par common
Preferred: 30,000 shares of $100 par 9% cumulative preferred
2012 2013 2014
A) Preferred
Stock
Common
Stock
B) Preferred
Stock
Common
Stock
C) Preferred
Stock
Common
Stock
D) Preferred
Stock
Common
Stock

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