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Dividends per share Oceanic Company has 25,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $15 par common stock. The following

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Dividends per share Oceanic Company has 25,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $15 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 " 0 ". feveback * Creck My Work Determine what amount of current dividends that preferred stock should recelve 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. The declaraton, record, and payment dates in connection with a cash dividend of $92,000 on a corporation's common stock are October 1. Entries for cash dividends journalize the entries requlred on each date. If no entry is required, choose "No Entry Required" and leave the amount boxes blank. If an November 7 and December 15 . amount box does not requice an entry, leove it blenk. wcheckiwink Are the dividends being poid on the same date thet they are declared? Who would recelve the dividends? What will the stockholders receive from the corporation

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