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Dividends Per Share Windborn Company has 20,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $15 par common stock. The following

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Dividends Per Share Windborn Company has 20,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends: Year 1 Year 2 $90,000 48,000 180,000 Year 3 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 'o'. Year 2 Year 3 Preferred stock (Dividends per share) 1.60 x 2.73 Common stock (Dividends per share) 0 1 .96

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