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Calculator A company had stock outstanding as follows during each of its first three years of operations: 2,000 shares of 8%, $100 par, cumulative preferred
Calculator A company had stock outstanding as follows during each of its first three years of operations: 2,000 shares of 8%, $100 par, cumulative preferred stock and 30,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. Round dividends per share to the nearest cent. Enter "O" if no dividends are paid. . Preferred Common . Year Dividends Total Per Share Total Per Share 1 $12,000 $ $ $ $ 2 16,000 $ $ $ 3 27,800 $ $ $
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