Question: Problem 11-6 Calculating the Dividend for a Cumulative Preferred Stock Issue [LO2] A sports equipment company issued a $5.40 cumulative preferred stock. In 201, the

Problem 11-6 Calculating the Dividend for a Cumulative Preferred Stock Issue [LO2] A sports equipment company issued a $5.40 cumulative preferred stock. In 201, the firm's board of directors voted to omit dividends for both the company's common and also its preferred stock. The corporation's board of directors voted to pay dividends in 202. a. How much did the preferred shareholders recelve in 20x ? (Leave no cells blank - be certaln to enter "O" wherever requlred. Omit the " $ " sign in your response.) Dividend recelved by preferred shareholders in 20x1 per share b. How much did the common shareholders receive in 20X1? (Leave no cells blank - be certain to enter "O" wherever required. Omit the "\$" sign in your response.) Dividend received by common sharehoiders in 201$ per share c. How much did the preferred shareholders recelve in 202 ? (Round your answer to 2 decimal places. Omit the "\$" sign in your response.) Dividend received by preferred shareholders in 202 per share

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