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Please help me with this. Dividends on Preferred and Common Stock stock of the company was composed of 20,000 shares of cumulative, preferred 3% stock,
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Dividends on Preferred and Common Stock stock of the company was composed of 20,000 shares of cumulative, preferred 3% stock, $100 par, and 100,000 shares of common stock, $15 par. Required: 20Y1. Summarize the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "0". Average annual dividend for preferred Average annual dividend for common $$persharepershare 3. Assuming a market price per share of $211 for the preferred stock and $20 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 stock and (b) for common stock. Round your answers to two decimal places. Preferred stock Common stock % %
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