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please solve this for me, thanks! AaBbCcDc AaBbCcDc AaBb C AaBbCcc AaBbci 1 Normal 1 No Spaci... Heading 1 Heading 2 Heading Paragraph Styles Chapter
please solve this for me, thanks!
AaBbCcDc AaBbCcDc AaBb C AaBbCcc AaBbci 1 Normal 1 No Spaci... Heading 1 Heading 2 Heading Paragraph Styles Chapter 13 Homework PR 13-1A Dividends on preferred and common stock Sunbird Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Sunbird Theatre Inc. has declared the following annual dividends over a six-year period: 2011, $20,000; 2012, $36,000; 2013, $70,000; 2014, $90,000; 2015, $100,000 and 2016, $150,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 100,000 shares of cumulative, preferred 1% stock, $30 par, and 400,000 shares of common stock, $20 par. Instructions 1. Calculate 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 on January 1, 2011. Summarize the data in tabular form, using the following column headings: Preferred Dividends Common Dividends Year Dividends Total Per Share Total Per Share 2011 $ 20,000 2012 36,000 2013 70,000 2014 90,000 2015 102,000 2016 150,000 Total Step by Step Solution
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