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Determine the dividends per share for preferred stock

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Reference no: EM132951556

Question - Windborn Company has 10,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $5 par common stock.

The following amounts were distributed as dividends:

20Y1 $60,000

20Y2 12,000

20Y3 90,000

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: EM132951556

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