Question
Dividend Per Share Swilley Furniture Company has 50,000 shares of cumulative preferred 2% stock, $75 par, and 100,000 shares of $10 par common stock.
Dividend Per Share Swilley Furniture Company has 50,000 shares of cumulative preferred 2% stock, $75 par, and 100,000 shares of $10 par common stock. The following amounts were distributed as dividends: Year 1 Year 2 Year 3 $45,000 123,000 130,000 Determine the dividend per share for preferred and common stock for each year. If an amount box does not require an entry, leave it blank. Round all answers to two decimal places. Year 1 Preferred stock (Dividend per share) Common stock (Dividend per share). Year 2 Year 3
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