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I need help with the three years of common stock answers. Dividends Per Share Oceanic Company has 25,000 shares of cumulative preferred 3% stock, $50
I need help with the three years of common stock answers. Dividends Per Share Oceanic Company has 25,000 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 $75,000 20Y2 15,000 20Y3 112,500 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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