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Inkling Incorporated has 18,000 shares of $120 par, 6% cumulative preferred stock and 50,000 shares of $60 par common stock. The following amounts were
Inkling Incorporated has 18,000 shares of $120 par, 6% cumulative preferred stock and 50,000 shares of $60 par common stock. The following amounts were distributed as dividends: Year 1: $150,000 Year 2: $190,000 Year 3: $125,000 Determine the dividends per share for preferred and common stock. If the answer is 0 enter the number. Please round your answers to the nearest hundredth Preferred Dividends Common Dividends Dividends per share Preferred Stock Common Stock St Year 1: $150,000 $ Year 2: $190,000 $ S Year 3: $125,000 Inkling Incorporated has 18,000 shares of $120 par, 6% cumulative preferred stock and 50,000 shares of $60 par common stock. The following amounts were distributed as dividends: Year 1: $150,000 Year 2: $190,000 Year 3: $125,000 Determine the dividends per share for preferred and common stock. If the answer is 0 enter the number. Please round your answers to the nearest hundredth Preferred Dividends Common Dividends Dividends per share Preferred Stock Common Stock St Year 1: $150,000 $ Year 2: $190,000 $ S Year 3: $125,000
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