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Preferred Stock-Cumulative and Noncumulative Anderson Company paid dividends at the end of each year as follows: 2011, $150,000; 2012, $240,000; and 2013, $560,000. Determine the

Preferred Stock-Cumulative and Noncumulative

Anderson Company paid dividends at the end of each year as follows: 2011, $150,000; 2012, $240,000; and 2013, $560,000. Determine the amount of dividends per share paid on common and preferred stock for each year, assuming independent capital structures as follows:

  1. 300,000 shares of no-par common; 10,000 shares of $100 par, 9% noncumulative preferred. Round your answers to two decimal places, and if there is no payment, enter "0".
    2011 2012 2013
    Preferred Stock $9 $9 $9
    Common Stock $.2 $.5 $1.57
  2. 250,000 shares of no-par common; 20,000 shares of $100 par, 9% noncumulative preferred. Round your answers to two decimal places, and if there is no payment, enter "0".
    2011 2012 2013
    Preferred Stock $7.5 $9 $9
    Common Stock $0 $.24 $1.52
  3. 250,000 shares of no-par common; 20,000 shares of $100 par, 9% cumulative preferred. Round your answers to two decimal places, and if there is no payment, enter "0".
    2011 2012 2013
    Preferred Stock $7.5 $??? $9
    Common Stock $0 $.12 $1.52
  4. 250,000 shares of $1 par common; 30,000 shares of $100 par, 9% cumulative preferred. Round your answers to two decimal places, and if there is no payment, enter "0".
    2011 2012 2013
    Preferred Stock $??? $??? $???
    Common Stock $0 $0 $???

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