Question
Dividends Per Share Windborn Company has 10,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $5 par common stock. The following
Dividends Per Share
Windborn Company has 10,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends:
| 20Y1 | $22,500 |
| 20Y2 | 7,500 |
| 20Y3 | 45,000 |
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 |
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Advanced Operations Management
Authors: David Loader
2nd Edition
0470026545, 978-0470026540
