Question: For this question, you will need to do the following Download the attached document Question 19 Spread sheet.xlsx i and save to your computer. Complete
For this question, you will need to do the following Download the attached document Question 19 Spread sheet.xlsx i and save to your computer. Complete the problem on your computer, Once completed you will need to upload the document back to Canvas. Question 19 - Calculate Dividends per share - (1)Using the information below calculate the dividends that each cumulative preferred and common stock shareholder are entitled to each year. (2) For each of the three years, calculate the dividends per share CD Corporation has outstanding the following classes of stock: 0 20,000 shares - Cumulative Preferred 2% stock. $75 par o 70,000 shares - Common Stock $40 par o Dividends distributed were the following o 2016 - $25,000 o 2017 - $15,000 o 2018 - $200.000
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