11-1A_9e - 2006 80,000 30,000 3.00 50,000 0.50 2007 90,000...

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Problem 11-1A Name: 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 $21,000 $21,000 $2.10 $0 $0.00 2004 50,000 30,000 3.00 20,000 0.20 2005 15,000 15,000 1.50 0 0.00
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Unformatted text preview: 2006 80,000 30,000 3.00 50,000 0.50 2007 90,000 30,000 3.00 60,000 0.60 2008 140,000 30,000 3.00 110,000 1.10 $15.60 2.40 2. Average annual dividend for preferred: $2.60 Average annual dividend for common: $0.40 3. a. Return on initial investment, preferred: 3.25% b. Return on initial investment, common: 4.00%...
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