During 2013-2017,Waton Inc $\begin{array}{ll}2013 & \text { none } \\2014 & \$ 125,000 \\2015 & \$ 150,000 \\2016 & \$ 200,000 \\2017 & \$ 300,000\end{array}$

question 67

Essay

During 2013-2017,Waton Inc.had the following issuances of shares outstanding for the entire period:
30,000 $5,cumulative preferred shares
55,000 common shares
Cash dividends declared by the board of directors during 2011-2015 were as follows:
$\begin{array}{ll}2013 & \text { none } \\2014 & \$ 125,000 \\2015 & \$ 150,000 \\2016 & \$ 200,000 \\2017 & \$ 300,000\end{array}$ Compute the amount of total dividends and dividends per share payable to each class of shares during 2013-2017.
$\begin{array}{|l|l|l|l|l|}\hline\text { Year } & \text { Total Preferred } & \begin{array}{c}\text { Per Share } \\\text { Preferred }\end{array} & \text { Total Common } & \begin{array}{c}\text { Per Share } \\\text { Common }\end{array} \\\hline & & & & \\\hline & & & & \\\hline & & & & \\\hline & & & & \\\hline\end{array}$

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Definitions:

Populist

Relating to or characterized by political approaches that strive to appeal to ordinary people who feel that their concerns are disregarded by established elite groups.

Whig

A historical political party in the United States, active in the mid-19th century, that supported business, a national bank, and a strong federal government.

"Me Too" Republicanism

Is a political stance where Republicans adopt policies or positions similar to those of their opponents rather than promoting traditional conservative values.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939, designed to respond to the Great Depression.