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Dividends Per Share Seacrest Company has 30,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $15 par common stock. The following
Dividends Per Share Seacrest Company has 30,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends:
Year 1 $67,500
Year 2 18,000
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'.
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