Dividends per share for preferred and common stock

Assignment Help Operation Management

Reference no: EM131695562

Dividends Per Share Seacrest Company has 15,000 shares of cumulative preferred 3% stock, $150 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: Year 1 $135,000 Year 2 27,000 Year 3 202,500

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'.

Preferred Stock (dividend per share) Common Stock (dividend per share)

Year 1 $ $

Year 2 $ $

Year 3 $ $

Reference no: EM131695562

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