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Dividends on preferred and cemmen stock Yosemse Bice Corp, manufactures mountain bikes and dstributes them theough retail butiets in California, Oregon, and Washington. Yosernite Eike

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Dividends on preferred and cemmen stock Yosemse Bice Corp, manufactures mountain bikes and dstributes them theough retail butiets in California, Oregon, and Washington. Yosernite Eike has $92,$00,20y5,$112,500, and 20v6,$167,500, During the entire period, the outstariding stock of the company was composed of 25,000 shsres of cumblative peferred 2% stoce, $85 par, and 100,000 shaces of common stock, $4 par. Requiredt 1. Determine the total dydends and the per-share dividends declared on each class of stock for each of the six vears, There were no dividends in arrears at the beginaing of 20 Y. Summarize the data in tabular form. If required, round your per share answers to two decimal places. It the ambunt is rero, plosse enter " 0 ". 2. Determine the averoge annual dividend per share for each class of stock for the sax-year period. Round your answers to two decimal places. 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, basted on the average annual dividend per share (a) for preferted stock and (b) for common stock. Round your answers to two decimal places. Preferred stock Common stock $ per share 5

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