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need answer fast will give thumbs up:) #10 Dividends Per Share Sandpiper Company has 25,000 shares of cumulative preferred 2% stock, $100 par and 50,000
need answer fast will give thumbs up:) #10
Dividends Per Share Sandpiper Company has 25,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends: 2011 $75,000 2012 40,000 2013 150,000 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 Common Stock (dividends per share) (dividends per share) 2011 2012 2013 Step by Step Solution
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