Mathematics, 10.10.2021 23:20 Dweath50
Dividends Per Share
Sandpiper Company has 30,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends:
20Y1 $112,500
20Y2 18,000
20Y3 135,000
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
$fill in the blank 2
20Y2 $fill in the blank 3
$fill in the blank 4
0
20Y3 $fill in the blank 5
$fill in the blank 6
Answers: 3
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