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Dividends per share Sandpiper Company has 25,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $10 par common stock. The following
Dividends per share
Sandpiper Company has 25,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $10 par common stock.
The following amounts were distributed as dividends: Year Amount 20Y1 $187,500 20Y2 30,000 20Y3 225,000
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 '0'.
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