Question
Dividends Per Share Seacrest Company has 30,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $15 par common stock. The following
Dividends Per Share
Seacrest Company has 30,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends:
| 20Y1 | $75,000 |
| 20Y2 | 15,000 |
| 20Y3 | 90,000 |
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'.
| Preferred Stock (dividends per share) | Common Stock (dividends per share) | |
| 20Y1 | $fill in the blank 1 | $fill in the blank 2 |
| 20Y2 | $fill in the blank 3 | $fill in the blank 4 |
| 20Y3 | $fill in the blank 5 | $fill in the blank 6 |
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South Western Federal Taxation 2014 Comprehensive Volume
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young
37th Edition
1285180925, 978-1285180922
