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Dividends Per Share
Windborn Company has 15,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends:
Year 1 $60,000
Year 2 24,000
Year 3 9 0,000
Question 1: Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.
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