Question: please help explain how to do this Dividends on Preferred and common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia.

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: 20Y1, $30,000; 2012. $60,000; 2013, $135,000; 2014, $165,000; 2075, $218,000; and 20Y6, $263,000. 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, $20 par. Required: 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 areas at the beginning 2071. Summarize the data in tabutar form. If required, round your par share answers to two decimal places. If the amount is zero, please enter to Preferred Dividends Common Dividends Year Total Dividends Total Per Share Total Per Share 2011 $ 30,000 30,000 1.2 0 o 2012 60,000 60,000 2.4 0 0 2013 135,000 45,000 x 2014 165,000 218,000 2015 2016 263,000 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 per share Average annual dividend for preferred Average annual dividend for common per share 2011 $ 30,000 30,000 1.2 20Y2 60,000 60,000 2.4 2013 135,000 45,000 x 2014 165,000 mo foon 2045 218,000 2016 263,000 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 $224 for the preferred stock and $26 for the common stock, determine the average annual percentage return on initial shareholders' investment, based on the average annual dividend per share () for preferred stock and (b) for common stock. Round your answers to two decimal places. Preferred stock % Common stock %
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