Assume 15,000 Shares of Cumulative Preferred at $1

question 108

Essay

Assume 15,000 shares of cumulative preferred at $1.80 per share and 80,000 shares of common. Find the following:
$$\begin{array} { | l | l | l | l | } \hline & 2016 & 2017 & 2018 \\\hline \text { Dividend } & & & \\\text { Paid } & \$ 0 & \$ 15,000 & \$ 98,000 \\\hline \text { Preferred } & & & \\\text { Dividend } & \text { A } & \text { B } & \text { C } \\\hline \text { Common } & & & \\\text { Dividend } & \text { D } & \text { E } & \text { F } \\\hline\end{array}$$

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