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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

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 dedered the following a dividends year prod ended December 31 of each year: 2011, $24,000; 2012, $10,750, 2013, $105,250; 2014, $95,000, 205, $110,000; and 2015, $365,000. During the entre penat, the standing sack of s composed of 25,000 shares of cumulative preferred 2% stack, $80 per, and 100,000 shares of common stock, $4 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 n form. If required, round your per share answers to two decimal places. If the amount is zero, please Preferred Dividends Common Dividends Year Total Dividends Total Per Share Total Per Share 2011 $24,000 24,000 0.96 0 2012 10,750 10,750 0.43 06 2013 105,250 0x 20,000 0:20 2014 95,000 40,000 0x $5,000 0.55 2015 110,000 40,000 2016 165,000 40,000 1.80 X 2. Determine the average annual dividend per share for each class of stock for the six-year period. Round your answer ideal places Average annual dividend for preferred stock Average annual dividend for common stock per share per share 3. Assuming a market price of $100 for the preferred stock and $5 for the common stock, determine the wage annual percentage return on belt based on the average Check My Work ->

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