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Dividends per share a company has stock outstanding as follows: 60,000 shares of cumulative preferred 3% stock, $20 par and 410,000 shares of $25 par
Dividends per share
a company has stock outstanding as follows: 60,000 shares of cumulative preferred 3% stock, $20 par and 410,000 shares of $25 par common.
during its first four years of operations, the following amounts were distributed as dividends:: 1st year, $32,000; 2nd year, $74,000; 3rd year, $90,000; 4th year, $120,000.
Determine the dividends per share on each class of stock for each of the four years. if no dividends are paid in a given year, enter 0 and round all answers to two decimal places.
1st year | 2nd year | 3rd year | 4th year | |
preferred stock (dividends per share) $ | ||||
common stock (dividends per share) |
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