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please show formulas and explain. Riverbed Company has outstanding 2,400 shares of $100 per, 8% preferred stock and 15,500 shares of $10 par valve common.
please show formulas and explain. Riverbed Company has outstanding 2,400 shares of $100 per, 8% preferred stock and 15,500 shares of $10 par valve common. The following schedule shows the amount of dividends paid out over the last 4 years Allocate the dividends to each type of stock under assumptions (a) and (b). Express your answers in per-share amounts using the format shown below. (Round the rate of participation to 4 decimal places, e.g. 1.427896. Round answers to 2 decimal places, ... $6.85.) Assumptions (b) Preferred, noncumulative, Preferred, cumulative, and nonparticipating and fully participating Year Paid-out Preferred Common Preferred Common 2018 $14,000 2019 $28,100 $ 2020 $51,600 2021 $77,300 $ LINK TO TENI SAVE POR LATER SUBMIT ANSWER Question Attempts of used
please show formulas and explain.
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