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Dividends Per Share : Oceanic Company has 30,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $5 per common stock. The

Dividends Per Share : Oceanic Company has 30,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $5 per common stock. The following amounts were distributed as diodend 20Y1 2012 2013 $120,000 24,000 180,000 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 Preferred Stock (dividends per share) 2001 2 x 2012 2013 Common Stock (dividends per share) 1.2

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