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Dividends per share Zair Company has 30000 shares of cumulative preferred 2% stock, 150 par and 50000 shares of $30 par commom stock. The following

Dividends per share

Zair Company has 30000 shares of cumulative preferred 2% stock, 150 par and 50000 shares of $30 par commom stock. The following amounts were distributed as dividends

20Y1 180,000

20Y2 36,000

20Y3 270,000

Determine the dividends per share for preferred and common stock each year. Round all answers to two decimal places.

Preferred Stock Common stock

( dividends per share) (dividends per share)

20Y1 ___________ ____________

20Y2 ___________ ___________

20Y3 ___________ __________

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