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Dividends Per Share Oceanic Company has 20,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $10 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 $10 par common stock. The following amounts were distributed as dividends: 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 ' O '. Feedback > Check My Work Determine what amount of current dividends that preferred stock should receive per year. Keep in mind that the question is asking for a dividend per share for each year and class of stock, rather than the total amount to be distributed to each class of stock
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