bo divi con i x D D C Cheb (are . Type I wire 3 Hon to why > tv how.com/iltake Assignment/takeAssignment Main doinprogress-true Calculator Print item eBook Show Me How Dividends on Preferred and Common Stock Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Yosemite Bike has declared the following annual dividends over a six-year period ended December 31 of each year: 2071, $24,250; 2012, $10,750; 20Y3, $110,000; 2014, $90,000; 2015, $115,000; and 2046, $160,000. During the entire period, the outstanding stock of the company was composed of 25,000 shares of cumulative preferred 2% stock, $80 par, and 100,000 shares of common stock, 54 par. Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of 2011. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter "0". Preferred Dividends Common Dividends Total Year Dividends Total Per Share Per Share 2011 $24.250 s24,250 2012 10,750 10,750 2043 110,000 85,000 2014 90.000 40,000 40,000 2045 115,000 2046150,000 40.000 year period. Round your answers to two decimal 2. Determine the average annual dividend per share for each class of stock for the 5/2/2020 Calculator mBook 2016 160,000 Show Me How 40,000 Print Item 120,000 2. Determine the average annual dividend per share for each class of stock for the six-year period. Round your answers to two decimal places per share Average annual dividend for preferred stock Average annual dividend for common stock per share 3. Assuming a market price of $100 for the preferred stock and $5 for the common stock, determine the average annual percentage return on initial shareholders' Investment, based on the average annual dividend per share (A) for preferred stock and (B) for common stock. Round your answers to two decimal places. Preferred stock Common stock 1. Is the preferred stock cumulative or non-cumulative? How will the preferred stock being cumulative or non-cumulative affect the distribution of dividends? Determine what amount of current dividends the preferred stock should receive per year. Recall the definition of dividends in arrears". How much in dividends would each share of preferred stock receive each year? How much in dividende would each share of common stock receive each year? 2. Remember you are calculating the average per share for each class of stock, ER True OF G H k bo divi con i x D D C Cheb (are . Type I wire 3 Hon to why > tv how.com/iltake Assignment/takeAssignment Main doinprogress-true Calculator Print item eBook Show Me How Dividends on Preferred and Common Stock Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Yosemite Bike has declared the following annual dividends over a six-year period ended December 31 of each year: 2071, $24,250; 2012, $10,750; 20Y3, $110,000; 2014, $90,000; 2015, $115,000; and 2046, $160,000. During the entire period, the outstanding stock of the company was composed of 25,000 shares of cumulative preferred 2% stock, $80 par, and 100,000 shares of common stock, 54 par. Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of 2011. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter "0". Preferred Dividends Common Dividends Total Year Dividends Total Per Share Per Share 2011 $24.250 s24,250 2012 10,750 10,750 2043 110,000 85,000 2014 90.000 40,000 40,000 2045 115,000 2046150,000 40.000 year period. Round your answers to two decimal 2. Determine the average annual dividend per share for each class of stock for the 5/2/2020 Calculator mBook 2016 160,000 Show Me How 40,000 Print Item 120,000 2. Determine the average annual dividend per share for each class of stock for the six-year period. Round your answers to two decimal places per share Average annual dividend for preferred stock Average annual dividend for common stock per share 3. Assuming a market price of $100 for the preferred stock and $5 for the common stock, determine the average annual percentage return on initial shareholders' Investment, based on the average annual dividend per share (A) for preferred stock and (B) for common stock. Round your answers to two decimal places. Preferred stock Common stock 1. Is the preferred stock cumulative or non-cumulative? How will the preferred stock being cumulative or non-cumulative affect the distribution of dividends? Determine what amount of current dividends the preferred stock should receive per year. Recall the definition of dividends in arrears". How much in dividends would each share of preferred stock receive each year? How much in dividende would each share of common stock receive each year? 2. Remember you are calculating the average per share for each class of stock, ER True OF G H k
