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Dividends Per Share Sandpiper Company has 30,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $10 par common stock. The following
Dividends Per Share Sandpiper Company has 30,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: Year 1 $67,500 22,500 Year 2 Year 3 135,000 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' Year 1 Year 2 Year 3 $ Preferred stock (Dividends per share) $ Common stock (Dividends per share)
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