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5. Anderson Company paid dividends at the end of each year as follows: 2009 $180,000 2010 $260,000 2011 $600,000 Determine the amount of dividends per
5. Anderson Company paid dividends at the end of each year as follows: 2009 $180,000 2010 $260,000 2011 $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
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