Homework Answers
Calculation of Dividend par Share of Seventy- Two Inc
Dividend Par Share = Amount of Dividend/ Number of Stock {for preferred stock dividend = (70000*20)*3%}
Dividend Par Share for Preferred Stock
Year 1 = $34000/70000 = $0.49
Year 2 = $42000/70000= $0.6
Year 3 =$ 42000/70000 = $ 0.6
Year 4 = $ 42000/70000 = $ 0.6
Dividend Par Share for Common Stock
Year 1 = $0.00
Year 2 = $30000/410000= $0.07
Year 3 =$58000/410000 = $ 0.14
Year 4 = $ 58000/410000 = $ 0.14
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