Question: Can you please help solve this? 4. PR.13.01A.ALGO (Algorithmic) Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida

Can you please help solve this?

Can you please help solve this? 4. PR.13.01A.ALGO (Algorithmic) Dividends on Preferred

4. PR.13.01A.ALGO (Algorithmic) 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: 2041, $30,000; 2012, $60,000; 2083, $135,000; 2014, $165,000; 2045, $210,000; and 2046, $270,000. 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 3% stock, $100 par, and 100,000 shares of common stock, $5 par. Required: 25ooox 3% X $100= 75000 Prefshaus, Total 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of 20Y1. Summarize the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "O". Preferred Dividends Common Dividends 256:3DIC=0.83 32-15k USK Total Year Dividends Per Share Total Per Share 20Y1 $ 30,000 $3DDD $0.99 $ $ 20Y2 60,000 2013 135,000 2014 165,000 2045 210,000 20Y6 270,000 $ $ 2. Determine the average annual dividend per share for each class of stock for the six-year period. If required, round your answers to two decimal places. $ Average annual dividend for preferred per share Average annual dividend for common $ per share 3. Assuming a market price per share of $208 for the preferred stock and $11 for the common stock, determine the average annual percentage return on initial shareholders' investment, based on the average annual dividend per share (a) for preferred stocka (b) for common stock. Round your answers to two decimal places. Preferred stock % Common stock % SPD 1202 DAN SIRPTAT CCA

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