As of January 2016, Vera Co has 6% Preferred stock, $100 par value 10,000 shares...
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As of January 2016, Vera Co has 6% Preferred stock, $100 par value 10,000 shares issued and outstanding; Common stock, $5 par value, 100,000 shares issued and outstanding.(50 points)The following dividends were declared and paid in 2016, 2017 and 2018 2015 No dividends were declared and paid 2016 $15,000 2017 $40,000 2018 $110,000 a) Assuming the preferred stock were non-cumulative, how much dividends did preferred and common stockholders receive for each year dividends were declared.
b) Calculate Dividend Per Share for each year
c) Assuming the preferred stock were cumulative, how much dividends did preferred and common stockholders receive for each year dividends were declared.
d) Calculate Dividend Per Share for each year
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