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Ozark Distributing Company is primarily engaged in the wholesale distribution of consumer products in the Ozark Mountain regions, The following disclosure note appeared in the

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Ozark Distributing Company is primarily engaged in the wholesale distribution of consumer products in the Ozark Mountain regions, The following disclosure note appeared in the company's 2018 annual report: Note 5. Convertible Preferred Stock (in part): The Company has the following Convertible Preferred Stock outstanding as of September 2018: Date of issuancet Optionally redeemable beginning Par value (gross proceeda) Number of sharest Liquidation preference per share: Conversion price per sbare: Number of common shares in which to be converted! Dividend ratet June 17, 2015 June 18, 2017 $1,500,000 60,000 $ 25 $ 30.06 49.900 6.6151 The Preferred Stock is convertible at any time by the holders into a number of shares of Ozark's common stock equal to the number of preferred shares being converted times a fraction equal to $25 divided by the conversion price. The conversion prices for the Preferred Stock are subject to customary adjustments in the event of stock splits, stock dividends and certain other distributions on the Common Stock. Cumulative dividends for the Preferred Stock are payable in arrears, when as and if declared by the Board of Directors, on March 31, June 30, September 30, and December 31 of each year, The Prefered Stock is optionally redeemable by the Company beginning on various dates, as listed above, at redemption prices equal to 112% of the liquidation preference. The redemption prices decrease 2% annually thereafter until the redemption price equals the liquidation preference after which date it remains the liquidation preference. Required: 1. What amount of dividends is paid annually to a preferred shareholder owning 200 shares of the Series A preferred stock? 2. If dividends are not paid in 2019 and 2020, but are paid in 2021, what amount of dividends will the shareholder receive? 3. If the investor chooses to convert the shares in 2019, how many shares of common stock will the investor receive for his/her 200 shares? 4. If Ozark chooses to redeem the shares on June 18, 2019, what amount will the investor be paid for his/her 200 shares? The Preferred Stock is optionally redeemable by the Company beginning on various dates, as listed above, at redemption prices equal to 112% of the liquidation preference. The redemption prices decrease 2% annually thereafter until the redemption price equals the liquidation preference after which date it remains the liquidation preference. Required: 1. What amount of dividends is paid annually to a preferred shareholder owning 200 shares of the Series A preferred stock? 2. If dividends are not paid in 2019 and 2020, but are paid in 2021, what amount of dividends will the shareholder receive? 3. If the investor chooses to convert the shares in 2019, how many shares of common stock will the investor recelve for his/her 200 shares? 4. If Ozark chooses to redeem the shares on June 18, 2019, what amount will the investor be paid for his/her 200 shares? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What amount of dividends is paid annually to a preferred shareholder owning 200 shares of the Series A preferred stock? (Round "Dividend Rate" to 3 decimal places) Par Value Number of Dividend Total Annual Dividend per Annual Preferred Preferred Rate Preferred preferred Shares Shares preferred Dividend Shares owned dividend 200 Ghare shares Required 2 > TU MIRUJUCUCURY LESSO, JR VIVILIULUI Common Stock. Cumulative dividends for the Preferred Stock are payable in arrears, when, as and if declared by the Board of Directors, on March 31, June 30, September 30, and December 31 of each year. The Preferred Stock is optionally redeemable by the Company beginning on various dates, as listed above, at redemption prices equal to 112% of the liquidation preference. The redemption prices decrease 2% annually thereafter until the redemption price equals the liquidation preference after which date it remains the liquidation preference. Required: 1. What amount of dividends is paid annually to a preferred shareholder owning 200 shares of the Series A preferred stock? 2. If dividends are not paid in 2019 and 2020, but are paid in 2021, what amount of dividends will the shareholder receive? 3. If the investor chooses to convert the shares in 2019, how many shares of common stock will the investor receive for his/her 200 shares? 4. If Ozark chooses to redeem the shares on June 18, 2019, what amount will the investor be paid for his/her 200 shares? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 If dividends are not paldin 2019 and 2020, but are paid in 2021, what amount of dividends will the shareholder receive? (Round your answer to 3 decimal places.) Amount of dividends The Preferred Stock is optionally redeemable by the Company beginning on various dates, as listed above, at redemption prices equal to 112% of the liquidation preference. The redemption prices decrease 2% annually thereafter until the redemption price equals the liquidation preference after which date it remains the liquidation preference. Required: 1. What amount of dividends is paid annually to a preferred shareholder owning 200 shares of the Series A preferred stock? 2. If dividends are not paid in 2019 and 2020, but are paid in 2021, what amount of dividends will the shareholder receive? 3. If the investor chooses to convert the shares in 2019, how many shares of common stock will the investor receive for his/her 200 shares? 4. It Ozark chooses to redeem the shares on June 18, 2019, what amount will the investor be paid for his/her 200 shares? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 If the investor chooses to convert the shares in 2019, how many shares of common stock will the investor receive for his/her 200 shares? (Round your answers to 2 decimal places.) Number of convertible Conversion Factor Number of common hors received Required 2 Required 4 The Preferred Stock is optionally redeemable by the Company beginning on various dates, as listed above, at redemption prices equal to 112% of the liquidation preference. The redemption prices decrease 2% annually thereafter until the redemption price equals the liquidation preference after which date it remains the liquidation preference. Required: 1. What amount of dividends is paid annually to a preferred shareholder owning 200 shares of the Series A preferred stock? 2. If dividends are not paid in 2019 and 2020, but are paid in 2021, what amount of dividends will the shareholder recelve? 3. If the investor chooses to convert the shares in 2019, how many shares of common stock will the investor receive for his/her 200 shares? 4. If Ozark chooses to redeem the shares on June 18, 2019, what amount will the investor be paid for his/her 200 shares? Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Required 4 If Ozark chooses to redeem the shares on June 18, 2019, what amount will the investor be paid for his/her 200 shares? (Round "Per Share Amounts" to 2 decimal places except percentage values.) Per Share Total 200 Amounts shares Liquidation preference Redemption Percentage (%) Redemption price, June 18, 2019

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