NewJet Ltd. has the following shares outstanding since its initial share offering: 50,000 shares of $2.00 cumulative
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Question:
NewJet Ltd. has the following shares outstanding since its initial share offering: 50,000 shares of $2.00 cumulative preferred shares 50,000 common shares issued at $15 each The board of directors has declared the following dividends: .2016: none .2017: $50,000 .2018: $75,000 2019: $150,000 2020: $300,000 Required Compute the amount of total dividends and dividends per share payable to each class of shares for 2016-2020. Place your answers in the table below. Year Total Common Dividend Per Share (Common) Total Preferred Dividend Per Share (Preferred) 2016 2017 2018 2019 2020
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