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Find the dividends per share for preferred common stock

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Reference no: EM132683166

Problem - Dividends per share - Lasers4U Company has 10,000 shares of 2% cumulative preferred stock of $50 par and 25,000 shares of $100 par common stock. The following amounts were distributed as dividends:

Year 1 $18,000

Year 2 7,500

Year 3 35,000

Required - Find the dividends per share for preferred and common stock for each year.

Reference no: EM132683166

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