Determine the dividends per share for preferred stock

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Question - Dividends Per Share - Windborn Company has 10,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends:

20Y1 $20,000

20Y2 8,000

20Y3 30,000

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

Reference no: EM132997672

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