Determine dividends per share for preferred-common stock

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Reference no: EM131205519

Sandpiper Company has 15,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends:

Year 1 $45,000

Year 2 6,000

Year 3 45,000

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: EM131205519

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