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Dividends on Preferred and Corthmoh Stock Yosernite ake Corp, manufactures mountain bikes and distributes them through retail outiets in Calfornia, Oregon, and Washington, Yosemite Eike

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Dividends on Preferred and Corthmoh Stock Yosernite ake Corp, manufactures mountain bikes and distributes them through retail outiets in Calfornia, Oregon, and Washington, Yosemite Eike has dedared the and 20 Y 6,5137,500. During the entire period, the outstonting stock of the company was composed of 25,000 shares of cumulative preferred 2% stock, 585 par, and 100,000 shares of common stock, $4 par. Required: 1. Determine the total dividends and the perighare dividends dectared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of zor1. Summarize the data in tobular form. If required, round your per share answers to two decimal places, If the amount is zero, please enter to". 2. Determine the average annual dividend per share for each class of stock for the siox-year period. Round your aeswers to two decimal places: Average annual dividend for preferred stock Average unhusi dividend for common stock Der share 3. Assuming o market price of $100 for the preferred stock and $5 for the common stock, determise the average annual percentege retum en initial sharehoiders' Investment, bared on the averaoe annubl dividend oer share (A) for oreferred stock and (B) for common stock Reund vour answers to twa secintal places. 3. Assuming a market price of $100 for the preferred stock and $5 for the common stock, determine the average annual pereentage retum on initial sharehoiders: investment, based on the average onnusl dividend per share (A) for preferred stock and (B) for common stock. Round your answers to two deciasal placrs. Prelerred stock Common stock

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