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Pecan Theatre inc, owns and operates movie theaters throughout Florida and Georgla. Pecan Theatre has declared the following annual dividends over a six-year period: Year

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Pecan Theatre inc, owns and operates movie theaters throughout Florida and Georgla. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1,$32,000; Year 2,$96,000; Year 3, \$152,000; Year 4,$176,000; Year 5,$224,000; and Year 6,$288,000. During the entire period ending December 31 of each year, the outstanding stock of the company was composed of 40,000 shares of cumulative, 2% preferred stock, $100 par, and 100,000 shares of common stock, $15 par. Required: 1. Determine the total dividends and the per-share dividends declared on each elass of stock for each of the six years. There were no dividends in arrears at the beginning of Year 1. Summarize the data in tabular form. If required; round your answers to two decimal places. If the amount is zero, please enter "o*. 2. Determine the average annual dividend per share for each class of stock for the slx-year period, If required, round your answers to twe decimal ptaces. Average annual aivicend for preterred Der share Average annual Givdend for cammon 2. Determine the average annual dividend per share for each class of stock for the six-year period. If required, round your answers to two decimal places. Average annual dividend for preferred pershare Average annual dividend for common per share 3. Assuming a market price per share of $135 for the preferred stock and $19 for the conmon stock, determine the average anmual percentage retum on initial shareholders' Investment, based on the average annual dividend per share for preferred stock and for common stock. Hound your answers to two decimal places. Preferred stock Common thock

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