Question: Help I need this done by today please 618 Chapter 13 Corporations: Organization, Stock Transactions, and Dividends Problems Series B OBJ.3 PR 13-1B Dividends on

 Help I need this done by today please 618 Chapter 13
Corporations: Organization, Stock Transactions, and Dividends Problems Series B OBJ.3 PR 13-1B
Help I need this done by today please

618 Chapter 13 Corporations: Organization, Stock Transactions, and Dividends Problems Series B OBJ.3 PR 13-1B Dividends on preferred and common stock Yosemite Bike Corp. manufactures mountain bikes and distributes outlets in California, Oregon, and Washington. Yosemite Bike Corp. has declared the following annual dividends over a six-year period ended December 31 of each year 2009, $24,000; 2010, $10,000; 2011, $126,000; 2012, $100,000; 2013, $125,000; and 2014, $125,000. During the entire period, the outstanding stock of the company was composed of 25,000 shares of cumulative preferred 296 stock, $90 par, and 100,000 shares of com- mon stock, $4 par them through retail v1. Common dividends in 2011: $25,000 Instructions 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 on January 1, 2009. Summarize the data in tabular form, using the following column headings: Total Dividends Preferred DividendsCommon Dividends Total Total Year 2009 2010 2011 2012 2013 2014 Per Share Per Share 24,000 10,000 126,000 100,000 125,000 125,000 2. Determine the average annual dividend per share for each class of stock for the six- year period. 3. Assuming a market price of $100 for the preferred stock and $5 for the common stock calculate the average annual percentage return on initial shareholders' investment, based on the average annual dividend per share (a) for preferred stock and (b) for common stock

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