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Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Yosemite Bike has declared the following annual dividends

Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Yosemite Bike has declared the following annual dividends over a six-year period ended December 31 of each year: 20Y1, $24,250; 20Y2, $9,000; 20Y3, $126,750; 20Y4, $100,000; 20Y5, $120,000; and 20Y6, $160,000. During the entire period, the outstanding stock of the company was composed of 25,000 shares of cumulative preferred 2% stock, $90 par, and 100,000 shares of common stock, $4 par.
Dividends on preferred and common stock
stock, $90 par, and 100,000 shares of common stock, $4 par.
Required:
enter "0".
Average annual dividend for preferred stock
per share
Average annual dividend for common stock
per share
decimal places.
Preferred stock
%
Common stock
%
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