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Dividends Per Share Windborn Company has 30,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $30 par common stock. The following
Dividends Per Share
Windborn Company has 30,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends:
Year 1 $225,000
Year 2 $36,000
Year 3 $270,000
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'.
Year 1 | Year 2 | Year 3 | |
Preferred Stock (Dividends Per Share) | $ | $ | $ |
Common Stock (Dividends Per Share) | $ | $ | $ |
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