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1. Sandpiper Company has 10,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $15 par common stock. The following amounts were

1. Sandpiper Company has 10,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends:

Year 1

$15,000

Year 2

8,000

Year 3

30,000

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'. 2.

Seacrest Gompany has 10,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $30

par common stock. The following amounts were distributed as dividends:

Year 1

$20,000

Year 2

4,000

Year 3

30,000

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'.

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image text in transcribed

Dividends Per Share Year 1 $15,0008,00030,000 Year2 Year3 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) Year 1 Dividends Per Share Seacrest Gompany has 10,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends: 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

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