1)
Preferred Dividends | Common Dividends | ||||
Year | Total Dividends | Total | Per Share | Total | Per Share |
Year 1 | $ 30,000.00 | $ 30,000.00 | $ 1.20 | $ - | |
Year 2 | $ 90,000.00 | $ 90,000.00 | $ 3.60 | $ - | |
Year 3 | $ 143,000.00 | $ 105,000.00 | $ 4.20 | $ 38,000.00 | $ 0.38 |
Year 4 | $ 173,000.00 | $ 75,000.00 | $ 3.00 | $ 98,000.00 | $ 0.98 |
Year 5 | $ 218,000.00 | $ 75,000.00 | $ 3.00 | $ 143,000.00 | $ 1.43 |
Year 6 | $ 263,000.00 | $ 75,000.00 | $ 3.00 | $ 188,000.00 | $ 1.88 |
Total | $ 450,000.00 | $ 467,000.00 |
2)
Average annual dividend for preferred | $3.00 per share |
Average annual dividend for common | $0.78 per share |
3)
Preferred stock | 1.86% |
Common stock | 3.00% |
Required Dividends Tetal Yewr 343,00 Year S 21000 Year 6263,000 2. Determine the average annual dividend...
Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia, Pecan Theatre has declared the following annual dividends over de year period: 2041, $61,000; 2012, $128,000; 2013, $288,000; 2014, $352,000; 2045, $464,000; and 2076, $560,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 40,000 shares of cumulative, preferred stock. $100 putand 100,000 shares of common stock, $15 par. Required: 1. Determine...
Print item Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Flonda and Georgia. Pecan Theatre has dedared the folowing annual dvidends over a six year period: Year 1, $36,000, Year 2. $72.000; Year 3, $162.000; Year 4, $198,000; Year 5, $252,000; and Year 6, $315,000. During the entire period ended December 31 of exch year, the outstanding stock of the company was composed of 30,000 shares of cumulative preferred 3% stock, $100 par,...
Book Show Me How Calculator Print Item Dividends on Preferred and Common Stock 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: 2041, $24,250; 20Y2, $10,750; 20Y3, $117,500; 20Y4, $92,500; 2045, $112,500; and 2016, $137,500. During the entire period, the outstanding stock of the company was composed of 25,000 shares of cumulative preferred 2%...
please show all steps for better understanding Dividends on Preferred and Common Stock Pecan Theatre Inc, owns and operates movie theaters throughout Florida and Georgia, Pecan Theatre has declared the following aral dividende over a six-year period: 2071, 124,000, 2012, 545.000, 2001, $114,000; 2014, 6138,000; 2005, 5174,000 and 2076, 216,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 30,000 shares of cumulative, preferred 2% sock, 100 par, and 100,000...
Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a year period: Year 1, $32,000; Year 2, $96,000; Year 3, $144,000; Year 4,5184,000; Year 5, 5232,000; and Year 6, $280,000. During the entire period ending December 31 of each year, the outstanding stock of the company was composed of 20,000 shares of cumulative, 4% preferred stock, 5100 per, and 100,000 shares of...
Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: 20Y1, $40,000; 20Y2, $80,000; 20Y3, $190,000; 20Y4, $230,000; 2015, $280,000; and 2016, $360,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 25,000 shares of cumulative, preferred 4% stock, $100 par, and 100,000 shares of common stock, $10 par. Required:...
Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $36,000; Year 2, $108,000; Year 3, $171,000; Year 4, $198,000; Year 5, $252,000; and Year 6, $324,000. During the entire period ending December 31 of each year, the outstanding stock of the company was composed of 30,000 shares of cumulative, 3% preferred stock, $100 par, and 100,000 shares...
Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $48,000; Year 2, $96,000; Year 3, $228,000; Year 4, $276,000; Year 5, $348,000; and Year 6, $420,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 40,000 shares of cumulative preferred 3% stock, $100 par, and 100,000 shares...
Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $16,000; Year 2, $32,000; Year 3, $72,000; Year 4, $88,000; Year 5, $112,000; and Year 6, $144,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 20,000 shares of cumulative preferred 2% stock, $100 par, and 100,000 shares...
Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $24,000; Year 2, $72,000; Year 3, $108,000; Year 4, $138,000; Year 5, $174,000; and Year 6, $216,000. During the entire period ending December 31 of each year, the outstanding stock of the company was composed of 20,000 shares of cumulative, 3% preferred stock, $100 par, and 100,000 shares...