PR 11-1 B - 0.20 2006 40,000 20,000 0.50 20,000 0.40 2007...

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Problem 11-1B Name: Zach Roberts Section: Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount. 1. Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total Per Share 2003 $60,000 $20,000 $0.50 $40,000 $0.80 2004 8,000 8,000 0.20 0 0.00 2005 30,000 20,000 0.50 10,000
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Unformatted text preview: 0.20 2006 40,000 20,000 0.50 20,000 0.40 2007 80,000 20,000 0.50 60,000 1.20 2008 115,000 20,000 0.50 95,000 1.90 $2.70 $4.50 2. Average annual dividend for preferred: $0.45 Average annual dividend for common: $0.75 3. a. Return on initial investment, preferred: 1.80% b. Return on initial investment, common: 4.00%...
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