Sabas company has 30000 shares of 1 preferredstock of 100

Reference no: EM13571088

Sabas Company has $30,000 shares of 1% preferredstock of $100 par and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends:

Year 1: $10,000
Year 2: 25,000
Year 3: 90,000

Determine the dividends per share for preferred and commonstock for each year.

Reference no: EM13571088

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