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Determine the dividends per share for preferred common stock

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Question - Dividends Per Share - Windborn Company has 30,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends:

20Y1 $37,500

20Y2 7,500

20Y3 45,000

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

Reference no: EM133164474

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