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Determine dividends per share for preferred and common stock

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Reference no: EM133127380

Question - Windborn Company has 15,000 shares of cumulative preferred 3% stock, $150 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends:

20Y1 $135,000

20Y2 33,800

20Y3 202,500

Required - Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places.

Reference no: EM133127380

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