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    abarron's Avatar
    abarron Posts: 2, Reputation: 1
    New Member
     
    #1

    Feb 6, 2011, 06:24 PM
    How do I calculate dividends on preferred and common stock?
    Bridger Bike Corp. has declared
    The following annual dividends over a six-year period ending December 31 of each
    Year: 2005, $5,000; 2006, $18,000; 2007, $45,000; 2008, $45,000; 2009, $60,000; and 2010,
    $67,000. During the entire period, the outstanding stock of the company was composed
    Of 10,000 shares of 2% cumulative preferred stock, $100 par, and 25,000 shares of common
    Stock, $1 par.
    Instructions
    1. Determine the total dividends and the per-share dividends declared on each class
    Of stock for each of the six years.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
     
    #2

    Feb 8, 2011, 01:24 PM

    This is a duplicate post and I already answered this on the other post.

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