Homework Answers
| Ist Year | 2nd Year | 3rd Year | 4th Year | ||
| Dividend paid | 9,000 | 15,000 | 77,260 | 1,23,560 | |
| Preferred Shares | =(30000*20) 6,00,000 | (6,00,000*4%)= 24,000 | (6,00,000*4%) 24,000 | (6,00,000*4%) 24,000 | (6,00,000*4%) 24,000 |
| Common Stock | (38000*125)= 47,50,000 | 0 | 0 | (77260-24000)= 53,260 | (123560-24000)= 99,560 |
| Subject to maximum of |
9000 ( As only 9000 is paid, whole amount will be paid to preference shareholders as they have priority in dividend payment over equity shares. |
15000
( As only 15000 is paid, whole amount will be paid to preference shareholders as they have priority in dividend payment over equity shares. |
|||
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