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Dividends Per Share Oceanic Company has 25,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $25 par common stock. The following

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Dividends Per Share Oceanic Company has 25,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends: 2011 $75,000 2012 18,800 20Y3 112,500 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'. Preferred Stock (dividends per share) Common Stock (dividends per share) 20Y1 20Y2 $ 20Y3

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