For your answers to the following questionsbe sure to show your calculations:

Common @ $3.00/par

Preferred @ 6.50/par

1)Sylvester spends a total of $1725 for Common and preferred shares. He has purchased $975 worth of preferred.

A] How many shares of common has he purchased?

B] How many shares of preferred?

2)After his initial purchases Sylvester purchases 1/5 more of common and 1/3 more of preferred.

A] How much did he spend on the purchases?

B] What is the total of all his shares?

3)Corporation offers a stock split on common of 3:1.

A] What is the par value of common after the split?

B] What is the total value of shares owned by Sylvester?

4)Sylvester decides to sell 15% of his common shares and 20% of his preferred shares at their present par values.

A] How much does he earn total on the sales?

5)Following the sale of his shares Corporation offers a stock dividend on common @$1.75/share and on preferred @2.19/share.

A]How much is Sylvester's total dividend?