Question
Dividends Per Share Seacrest Company has 25,000 shares of cumulative preferred 3% stock, $50 The monetary amount printed on a stock certificate.par and 50,000 shares
Dividends Per Share
Seacrest Company has 25,000 shares of cumulative preferred 3% stock, $50 The monetary amount printed on a stock certificate.par and 50,000 shares of $20 par The stock outstanding when a corporation has issued only one class of stock.common stock. The following amounts were distributed as dividends:
Year 1 | $75,000 |
Year 2 | 15,000 |
Year 3 | 112,500 |
Determine the dividends per share for A class of stock with preferential rights over common stock.preferred and The stock outstanding when a corporation has issued only one class of stock.common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.
Preferred Stock (dividend per share) | Common Stock (dividend per share) | |
Year 1 | $ | $ |
Year 2 | $ | $ |
Year 3 | $ | $ |
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