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please help me with this thank you DVidends an Preferred and Common Stock Pecan Theatre Inc, owns and operates movie theaters throughout. Flonida and Georgia.
please help me with this thank you
DVidends an Preferred and Common Stock Pecan Theatre Inc, owns and operates movie theaters throughout. Flonida and Georgia. Pecan Theatre has declared the following annual dvidends over a sax.year period: 20Y1,524,000;20Y2,$48,000,20Y3,$114,000;20Y4,$138,000;20y5,$168,000; and 20Y6, $210,000, During the entire period ended 0ecember 31 of each year, the uutstanding stock of the company was compored of 30,000 shares of cumulative, preferred 24 stock, $100 pac, and 100,000 shares of commen steck, $25 pac Required: 1. Determine the total dividends and the per-share dividends declared on each class of thock for each of the sik years. There were no dividends in arrears at the beginning of 20r1. Summarize the dats in tabulae form. If required, round your per share answers to fwo decimal places. If the amount is rero, please enter "o., Average whituat dividend for breferted Averase annual evisend for common. per share Der shace 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 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. 2. Oetermine the average annual divleend per share for each class of stack for the six-year period. If required, round your answers to two decinilal places. Average annwal dividend for preferred Average annwbl ividend for commen per share per share 3. Assuming a market price per share of $125 for the preferred stock and 530 for the common stock, determine the average annual percentage return on initial shareholders' investment, based on the averege annusl dividend per share (a) for preferred stock and (b) for common stock. Round your answers to two decimal plistes. Preterred rock Common stock Step by Step Solution
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