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ebook 34 Show Me How Dividends Per Share Oceanic Company has 20,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $30

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ebook 34 Show Me How Dividends Per Share Oceanic Company has 20,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends 2011 $75,000 2092 15,000 20Ya 90,000 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 'o'. Preferred Stock Common Stock (dividends per share) (dividends per share) 2011 1.5 0.9 2012 0.75 0 2013 X Che My Determine what amount of current dividends that preferred stock should receive per year Kemp in mind that the question is asking for a dividend par shure for each year and class of stod, rather than the total amount to be distributed to each class of stock

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