Business, 12.08.2020 06:01 allyssaharrisooy50au
Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends:.Year 1 $10,000Year 2 $45,000Year 3 $90,000Determine the dividends per share for preferred and common stock for the third year. a. $3.25 and $0.25b. $2.00 and $0.25c. $4.50 and $0.90d. $4.50 and $0.25
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