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Complete the table indicating the split of the declared

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Reference no: EM132601688

JetNew has the following shares outstanding since their initial offering:

50,000 shares of $2.00 cumulative preferred shares

50,000 common shares issued at $15 each

The board of directors has declared the following cash dividends:

2015 none

2016 $50,000

2017 $75,000

2018 $150,000

2019 $300,000

Required:

Question 1: Complete the table below indicating the split of the declared dividends between common shareholders and preferred shareholders each year

Reference no: EM132601688

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