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eBook Show Me How Print Item Question Content Area Dividends per share Zero Calories Company has 20,000 shares of cumulative preferred 1% stock, $50 par
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Dividends per share
Zero Calories Company has 20,000 shares of cumulative preferred 1% stock, $50 par and 200,000 shares of $10 par common stock. The following amounts were distributed as dividends:
Year | Amount |
---|---|
20Y1 | $30,000 |
20Y2 | 8,000 |
20Y3 | 110,000 |
Determine the dividends per share for preferred and common stock for each year. If an answer is zero, enter '0'. Round all answers to two decimal places.
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