Homework: HW4 Score: 0 of 10 pts 4 of 10 (9 complete) HW Score: 56.67%, 56.67 of

Question

Homework: HW4 Score: 0 of 10 pts 4 of 10 (9 complete) HW Score: 56.67%, 56.67 of 100 pts P7-3 (similar to) Question Help Preferred dividends in each case in the following table,, how many dollars of preferred dividends per share must be paid to preferred stockholders before common stock dividends are paid? The amount of preferred dividends that must be paid in Case A before common dividends are paid is $ 25.20. (Round to the nearest cent.) Data Table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Dividend per share per period $12.35 2.5% $6.00 3.0% 40% Periods of dividends passed Case Type Cumulative Noncumulative Noncumulative Cumulative Cumulative Par value $130 $150 $100 $140 $60 4 Print Done Enter your answer in the an

Explanation / Answer

Dividend Payable Period in the case of Cumlative dividend

=Period of Div passed + Current period Dividend

Dividend Payable Period in the case of Non Cumlative dividend

=Current period Dividend only

Dividend Per Share Dividend Payable Period Answer Case A 12.35 6 74.1 Case B 3.75 1 3.75 Case C 6 1 6 Case D 4.2 5 21 Case E 2.4 2 4.8

Dividend Payable Period in the case of Cumlative dividend

=Period of Div passed + Current period Dividend

Dividend Payable Period in the case of Non Cumlative dividend

=Current period Dividend only

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