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Determine dividends per share for preferred and common stock

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Reference no: EM133077920

Question - Dividends Per Share - Oceanic Company has 30,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends:

20Y1 $135,000

20Y2 72,000

20Y3 270,000

Required - 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: EM133077920

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