EQUIRED] Chapter 12 Homework Book Show Me How Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a sle-year period: 2011, $34,000; 2012, $48,000; 2013, $108,000; 2014, $132,000; 2015, $168,000; and 2016, $210,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 30,000 shares of cumulative preferred 2% stock, $100 par, and 100,000 shares of common stock, $20 per 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. Summartie the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "g Common Dividends Per Share Total Preferred Dividends Year Total Dividends fotal 2011 $ 24,000 2012 48,000 2013 108,000 2014 132,000 2015 150,000 2016 210,000 Per Share 2. Determine the average annual dividend per share for each class of stock for the soc-year period. If required, round your answers to two decimal places Average annual dividend for preferred Average annual dividend for commen per share per share 3. Assuming a market price per share of $98 for the preferred stock and $24 for the common stack, determine the average annual percentage retum on intial shade vent, bad on the average annual dividend per share (a) for preferred stock and (n) for common stock Previous Next