Determine dividends per preferred and common stock

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Dividends Per Share

Sandpiper Company has 20,000 shares of cumulative preferred 4% stock, $50 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:

Year 1 $80,000
Year 2 16,000
Year 3 120,000

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'.

Reference no: EM131752141

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