ch 13-2, q1

Dividends Per Share Oceanic Company has 10 000 shares of cumulative preferred 196 stock, $100 ar and 50,000 shares of $25 par common stock. The follow ng amounts were distributed as dividends Year 1 Year 2 Year 3 Determine the dividends per share for preferred and common stock for each year. Round al answers to two decimal places. If an answer is zero, enter '0 $25,000 8,000 30,000 Preferred Stock Common Stock (dividend per share) (dividend per share) Year 1 Year 2 Year 3