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y 1, 2016 Magna Refrigeration co,. had 100,000 shares of SS par common stock outstanding. The following transactions took place d As of January 2016, Magna Refngeration 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 ponts) 3 The following dividends were declared and paid in 2016, 2017 and 2018 2015 No dividends were declared and paid 2016 2017 2018 $15,000 $40,000 $110,000 a) Assuming the prefer receive for each year dividends were dedlared. rred stock were non-cumulative, how much dividends did preferred and common stockholders b) Calculate Dividend Per Share for each year g the preferred stock were cumulative, how much dividends did preferred and common stockholders receive for each year dividends were dedared. dy calculate Dividend Per Share for each year Quid s for Blacksoard y 1, 2016 Magna Refrigeration co,. had 100,000 shares of SS par common stock outstanding. The following transactions took place d As of January 2016, Magna Refngeration 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 ponts) 3 The following dividends were declared and paid in 2016, 2017 and 2018 2015 No dividends were declared and paid 2016 2017 2018 $15,000 $40,000 $110,000 a) Assuming the prefer receive for each year dividends were dedlared. rred stock were non-cumulative, how much dividends did preferred and common stockholders b) Calculate Dividend Per Share for each year g the preferred stock were cumulative, how much dividends did preferred and common stockholders receive for each year dividends were dedared. dy calculate Dividend Per Share for each year Quid s for Blacksoard

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