Preferred dividends In each case in the following table, LOADING... , how many dollars of...
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Preferred dividends In each case in the following table, LOADING... , 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 $ 51.75. (Round to the nearest cent.) The amount of preferred dividends that must be paid in Case B before common dividends are paid is $ 3.9. (Round to the nearest cent.) The amount of preferred dividends that must be paid in Case C before common dividends are paid is $ 1.5. (Round to the nearest cent.) The amount of preferred dividends that must be paid in Case D before common dividends are paid is $ nothing. (Round to the nearest cent.) A Cumulative $150 $17.25 2 B Noncumulative $60 6.5% 6 C Noncumulative $100 $1.50 1 D Cumulative $110 6.0% 3 E Cumulative $140 3.0% 5
Case
Type
Par value
Dividend per
share per period
Periods of
dividends passed
A
Cumulative
$150150
$17.2517.25
22
B
Noncumulative
$6060
6.56.5%
66
C
Noncumulative
$100100
$1.501.50
11
D
Cumulative
$110110
6.06.0%
33
E
Cumulative
$140140
3.03.0%
5
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