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Determine the dividends per share for preferred

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Reference no: EM132917789

Windborn Company has 25,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:

20Y1 $62,500

20Y2 $12,500

20Y3 $75,000

Problem 1: 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: EM132917789

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