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I am doing the correct math on this but it still says I am not doing something right. Is there an easier way to do
I am doing the correct math on this but it still says I am not doing something right. Is there an easier way to do this?
Chapter 12 Exercises Dividends Per Share Sandpiper Company has 30,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: 20Y1 $60,000 2012 24,000 20Y3 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 (dividends per share) Common Stock (dividends per share) 20Y1 20Y2 2013 Check My Work 3 more Check My Work uses remaining. Next Assianment Score: 0% All work saved Email Instructor Save and Evit Submit Assignment for GradingStep by Step Solution
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