Calculate the Preferred and Common Dividend Per Share for the Following

question 33

Short Answer

Calculate the preferred and common dividend per share for the following. $\begin{array}{c}\begin{array}{lll}\\\\\text {Company}\\\hline \text {Earthly Wonders } \end{array}\begin{array}{lll}\text { Common}\\\text { Stock}\\\text { Shares}\\\hline 16,000,000\end{array}\begin{array}{lll}\\\\\text { Shares}\\\hline2000,000 \end{array}\begin{array}{c}\text {Preferred Stock}\\\\\text {Div./Par}\\\hline \$ 6.50\end{array}\begin{array}{lll}\\\\\text {Cumul.}\\\hline\text {No}\end{array}\begin{array}{lll}\\\text {Dividend}\\\text { Declared }\\\hline\$ 32,200,000\end{array}\end{array}$
$\begin{array}{c}\begin{array}{lll}\\ \text {Arrears}\\\hline \text {None}\\\end{array}\begin{array}{lll}\text {Pref.}\\\text {Div/Share}\\\hline\\\end{array}\begin{array}{lll} \text {Common}\\ \text {Div/Share}\\\hline\\\end{array}\end{array}$

---

Definitions:

Alternative Hypothesis

A statement in hypothesis testing that suggests a significant difference or relationship exists between variables, contrasting the null hypothesis.

Type I Error

The incorrect rejection of a true null hypothesis, also known as a "false positive."

P-value

A measure in statistical hypothesis testing representing the probability of observing a statistic at least as extreme as the one observed, under the assumption that the null hypothesis is true.

Null Hypothesis

A hypothesis that suggests there is no statistical significance between the specified sets of observations.