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1. determine the total dividends and the per share dividends declared on each cl

ID: 2445481 • Letter: 1

Question

1. determine the total dividends and the per share dividends declared on each class of stock for each of the six years. there was no dividends in arrears on january 1 2009, summarize the data in tubular form, using the following collumn heading

year total dividends Preferred dividends -( total and per share) commin dividends ( total per share)

2. determine the average annual dividend per share for each cass of stock for the six year period

3. assuming a market price of $100 for the preferred stock and $5 for the common stock calculate the average anual percentage return on intial shareholders investment, based on the average annual dividend per share A) for preferred stock and B) for common stock

this question is on dividens on preferred and common stock

yyosemite bike corp manufactures mountain biles and distributes them through retail outlets in californoa oregon and washington. they have declared the following annual dividens over a six year period ended december 31 of each year 2009, 24,000 2010, 10,000, 2011, 126,000 2012 100,000 2013, 125,000 and 2014, 125,000 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 the common stock. $4 par.

Explanation / Answer

1. determine the total dividends and the per share dividends declared on each cl