Question
Dividends Per Share Seacrest Company has 20,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $25 par common stock. The following
Dividends Per Share
Seacrest Company has 20,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:
| Year 1 | $150,000 |
| Year 2 | 48,000 |
| Year 3 | 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 '0'.
| Year 1 | Year 2 | Year 3 | |
| Preferred stock (Dividends per share) | $ | $ | $ |
| Common stock (Dividends per share) | $ |
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Corporate Governance And Statutory Audit Stakes And Articulations
Authors: Chefick Olagbèyindé Olafa
1st Edition
6204385682, 978-6204385686
