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n/takeAssignment/takeAssignment Main.do?invoker assignmentsstakeAssignmentSessionLocator assignment-takeinprogress=false 0 1 eBook Show Me Hor Calculator Dividends Per Share Sandpiper Company has 25,000 shares of cumulative preferred 3% stock, $50

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n/takeAssignment/takeAssignment Main.do?invoker assignmentsstakeAssignmentSessionLocator assignment-takeinprogress=false 0 1 eBook Show Me Hor Calculator Dividends Per Share Sandpiper Company has 25,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $30 por common stock. The following amounts were distributed as dividends: Year 1 $93,800 Year 2 30,000 Year 3 112,500 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 'o'. Year 1 Year 2 Year 3 Preferred stock (Dividends per $ 0 share) x 25,000 X 32,500 X Common stock (Dividends per share) 3.75 7 Check My Woo Determine what amount of current dividends that preferred stock should receive per year Keep in mind that the question is asking for a dividend per share for each year and class of stock, rather than the total amount to be distributed to each class of stock Next Check My Work 1 more Check My Work uses remaining 103

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