Question

4,000 30,000 Year 3 Year 2 Year 1 ta wei" distributed as dividends: "00 par and 50,000 shares of $15 par common stock. The "allowing ano se acrest Company has 10,000 shares of cumulative preferred 1% stack 15,000 Year 1 30,000 Year 3 Determine the dividends per share for Year 3 Year 1 10, Common stock (Dividends per 4,000 X is asking for a dividend per share for each year and dass of stock, rather than the total amount to be distributed to each lass of stock Next

Answer 1

First of all the question has asked us to calculate Dividend Per Share not total dividend paid
So you have to divide the Total dividend paid to respective preffered shares and common shares
by the no. of preferred shares and common shares
	Year 1	Year 2	Year 3
Prefered Stock dividend per share	10,000 shares*$100*1%	$4,000	10,000 shares*$100*1%
	10,000 shares	10,000 shares	10,000 shares
	$1 per share	$0.40 per share	$1 per share
Common stock dividend per share	$15,000 - $10,000	0	$30,000 - $10,000
	50,000 shares		50,000 shares
	$0.10 per share		$0.40 per share