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please answer asap! :) thank you eBook Show Me How osemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in Califomia, Oregon,
please answer asap! :) thank you
eBook Show Me How osemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in Califomia, Oregon, and Washington. Yosemite Bike has declared the collowing annual dividends over a six-year period ended December 31 of each year: 2041, $24,750; 2082, 89,250; 2013, $118,500; 2014, $92,500; 2015, $112,500; and =OY6, $167,500. During the entire period, the outstanding stock of the company was composed of 25,000 shares of cumulative preferred 2% stock, $85 par, and 100,000 Shares of common stock, S4 par Required: 1. Determine the total dividends and the per share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of 2071 Summarize the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter to Preferred Dividends Common Dividends Total Dividends Total Per Share Total Per Share 2041 $24,750 2012 9,250 118,500 Year 2014 92.500 2015 112.500 2016 167,500 2. Determine the average anal dividend per share for each class of stock for the year period. Round your answers to two decimal places Average annual dividend for preferred stock Der Share Average annual dividend for common stock per share 3. Assuming a market price of 5100 for the preferred stock and for the common stock, determine the average annual percentage return on initial shareholders Investment based on the average annual dividend per share (A) for preferred to and B) for common stock. Round your answers to two decimal places Preferred stock Check My Workmore CheckMy Woman Eintructor Save and all Submit Assement for Grading Step by Step Solution
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