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eBook Show Me How Question Content Area Dividends Per Share Windborn Company has 30,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares
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Question Content Area
Dividends Per Share
Windborn Company has 30,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:
20Y1 | $90,000 |
20Y2 | 18,000 |
20Y3 | 135,000 |
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'.
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