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Oceanic Company has 15,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $20 par common stock. The following amounts were distributed
Oceanic Company has 15,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends: 20Y1 $75,000 12,000 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 '0'. Common Stock (dividends per share) 20Y2 20Y3 20Y1 20Y2 20Y3 Preferred Stock (dividends per share) $ $
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