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Determine the dividends per share for preferred stock

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Seacrest Company has 25,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends:

20Y1 $56,300
20Y2 30,000
20Y3 112,500

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: EM132957879

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