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Instructions Determine the total dividends and the per-share dividends declared on each class of stoo for each of the six Summarize the data in tabular
Instructions Determine the total dividends and the per-share dividends declared on each class of stoo for each of the six Summarize the data in tabular form, using the following column headings: years. There were no dividends in arrears at the beginning of ATE Year 1. Preferred Dividends Total Total Dividends $80,000 90,000 150,000 150,000 160,000 180,000 Common Dividends Total Year Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Per Share Per Share 2. Determine the average annual dividend per share for each class of stock for the six-year period 3. Assuming a market price per share of $25.00 for the preferred stock and $17.50 for the common stock, determine the average annual percentage return on initial shareholders' in- vestment, based on the average annual dividend per share (A) for preferred stock and (B) for common stock. Instructions Determine the total dividends and the per-share dividends declared on each class of stoo for each of the six Summarize the data in tabular form, using the following column headings: years. There were no dividends in arrears at the beginning of ATE Year 1. Preferred Dividends Total Total Dividends $80,000 90,000 150,000 150,000 160,000 180,000 Common Dividends Total Year Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Per Share Per Share 2. Determine the average annual dividend per share for each class of stock for the six-year period 3. Assuming a market price per share of $25.00 for the preferred stock and $17.50 for the common stock, determine the average annual percentage return on initial shareholders' in- vestment, based on the average annual dividend per share (A) for preferred stock and (B) for common stock
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