Dividends per share Obj. 2 Zero Calories Company has 15,000 shares of cumulative preferred 1% stock, $50 par and 100,000 shares of $10 par common stock. The following amounts were distributed as dividends:

20Y1 $ 28,500 20Y2 6,000 20Y3 110,000 Determine the dividends per share for preferred and common stock for each year.

AppendixLO1