Question
Dividends Per Share Oceanic Company has 20,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $30 par common stock. The following
Dividends Per Share
Oceanic Company has 20,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends:
| 20Y1 | $50,000 |
| 20Y2 | 10,000 |
| 20Y3 | 60,000 |
Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.
| Preferred Stock (dividends per share) | Common Stock (dividends per share) | |
| 20Y1 | $fill in the blank 1 | $fill in the blank 2 |
| 20Y2 | $fill in the blank 3 | $fill in the blank 4 |
| 20Y3 | $fill in the blank 5 | $fill in the blank 6 |
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Elementary Statistics
Authors: Robert R. Johnson, Patricia J. Kuby
11th Edition
978-053873350, 9781133169321, 538733500, 1133169325, 978-0538733502
