Solution-Dividends per share for preferred and common stock

Dividends per share for preferred and common stock

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Reference no: EM133205390

Windborn Company has 20,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends:

20Y1	$120,000
20Y2	30,000
20Y3	180,000

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'.

Preferred Stock (dividends per share)	Common Stock (dividends per share)
20Y1	$fill in the blank 1
20Y2	$fill in the blank 3
20Y3	$fill in the blank 5

Reference no: EM133205390

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Dividends per share for preferred and common stock

Reference no: EM133205390

Reference no: EM133205390

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