Determine the dividends per share for common stock

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Question - Dividends Per Share - Oceanic Company has 10,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:

20Y1 $30,000

20Y2 6,000

20Y3 45,000

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

Reference no: EM133166485

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