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Determine dividends per share for preferred for each year

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Dividends Per Share

Windborn Company has 10,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends:

20Y1  $20,000

20Y2   8,000

20Y3   30,000

Problem 1: Determine the dividends per share for preferred and common stock for each year.

Reference no: EM132915281

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