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Dividends on preferred and common stock was composed of 25,000 shares of cumulative preferred 2% stock, $90 par, and 100,000 shares of common stock, $4

image text in transcribed Dividends on preferred and common stock was composed of 25,000 shares of cumulative preferred 2% stock, $90 par, and 100,000 shares of common stock, $4 par. Required: tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter " 0 ". 2. Determine the average annual dividend per share for each class of stock for the six-year period. Round your answers to two decimal places. Average annual dividend for preferred stock Average annual dividend for common stock $ $ per share per share dividend per share (a) for preferred stock and (b) for common stock. Round your answers to two decimal places. Preferred stock % Common stock %

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