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Determine the dividends per share for common stock

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Question - Sandpiper Company has 15,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends:

20Y1 $45,000

20Y2 24,000

20Y3 90,000

Required - Determine the dividends per share for preferred and common stock for each year.

Reference no: EM133089189

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