Mathematics, 12.06.2021 05:20 snicklegirlp4isqr
Windborn Company has 20,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:
20Y1 $120,000
20Y2 24,000
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 Common Stock
(dividends per share) (dividends per share)
20Y1
20Y2
20Y3
Answers: 2
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Windborn Company has 20,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $...
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