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Determine the dividends per share for preferred stock

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Reference no: EM132931087

Question - Windborn Company has 25,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends:

20Y1 $56,300

20Y2 15,000

20Y3 112,500

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: EM132931087

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