Solution-Determine the dividends per share for preferred

Determine the dividends per share for preferred stock

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Reference no: EM13510376

Golf-Easy Company has 10,000 shares of 3% preferred stock of $50 par and 25,000 shares of $100 par common stock. The following amounts were distributed as dividends:

Year 1 .................$ 40,000
Year 2 ................. 10,000
Year 3 ................. 120,000

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

Reference no: EM13510376

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Determine the dividends per share for preferred stock

Reference no: EM13510376

Reference no: EM13510376

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