Master Company has 10,000 preferred shares with 2% cumulative dividends with a par value per share of $ 50 and 25,000 common shares at $ 75 par. The company declares the following cash dividends: Year 1 $ 30,000 Year 2 6,000 Year 3 80,000 Required: Determine the dividends for the preferred and common shares for each year. Present your answer graphically and clearly.

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A: Lets understand the basics.There are mainly two type of shares which are,(1) Common stock(2)…

Q: A company had stock outstanding as follows during each of its first three years of operations: 1,000…

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A:

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A: Annual preferred dividends $50,000   = 50000*100*1%

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