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Dividends Per Share Sandpiper Company has 30,000 shares of cumulative preferred 3% stock, $150 par and 50,000 shares of $25 par common stock. The following
Dividends Per Share Sandpiper 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: Year 1 $202,500 Year 2 67,500 Year 3 405,000 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'. Year 1 Year 2 Year 3 Preferred stock (Dividends per share) Common stock (Dividends per share)
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