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As head of Adita Inc., potential investors are asking questions about the company's dividend payment history. The investors are also curious how dividend payments differed
As head of Adita Inc., potential investors are asking questions about the company's dividend payment history. The investors are also curious how dividend payments differed for common and preferred shareholders. To help answer their questions, the following Tableau Dashboard is provided. Cash Dividends Distributed by Year $400,000 $350,000 $300,000 $250,000 Number of Shares As head of Adita Inc., potential investors are asking questions about the company's dividend payment history. The investors are also curious how dividend payments differed for common and preferred shareholders. To help answer their questions, the following Tableau Dashboard is provided. Cash Dividends Distributed by Year $400,000 $350,000 $300,000 $250,000 $200,000 Number of Shares $350,000 $300,000 $250,000 $200,000 Preferred Stock Dividend Rate $100,000 $350,000 $300,000 $250,000 200,000 non Stock Preferred Stock Dividend Rate Preferred Stock 6% Par Value Per Share $50,000 $0 Common Stock $0.01 Year 1 Year 2 nunfnured Stock $20.00 Year 2 Cash Dividends Distributed: $30,000 Price $200,000 non Stock $150,000 $100,000 Preferred Stock Dividend Rate PreferredStock6% $50,000 Par Value Per Share $0 Common Stock Preferred Stock $0.01 r4 $20.00 Year 1 Cash Dividends Distributed $25,000;k Share Price 1. What is the total cash dividends paid out for Years 1, 2, 3, and 4 combined? 2. Assume that preferred share is noncumulative and compute the Year 4 cash dividends paid to (a) preferred shareholders and (b) common shareholders. common shareholders. Complete this question by entering your answers in the tabs below. What is the total cash dividends paid out for Years 1,2,3, and 4 combined? common shareholders. Complete this question by entering your answers in the tabs below. Assume that preferred share is noncumulative and compute the Year 4 cash dividends paid to (a) preferred shareholders and (b) common shareholders
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