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Dividends Per Share Oceanic Company has 30,000 shares of cumulative preferred 3% stock, $150 par and 50,000 shares of $25 par common stock. The following

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Dividends Per Share Oceanic Company has 30,000 shares of cumulative preferred 3% stock, $150 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends: 2011 $337,500 2012 108,000 2093 405,000 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 'o'. 2011 Preferred Stock (dividends per share) $ 202,500 x $ 30,000 $ 375,000 s Common Stock (dividends per share) 135,000 x $ $ 30,000 x 202 203

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