Question
Oceanic Company has 25,000 shares of cumulative preferred 3% stock, $100 The monetary amount printed on a stock certificate.par and 50,000 shares of $30 par
Oceanic Company has 25,000 shares of cumulative preferred 3% stock, $100 The monetary amount printed on a stock certificate.par and 50,000 shares of $30 par The stock outstanding when a corporation has issued only one class of stock.common stock. The following amounts were distributed as dividends:
Year 1 | $187,500 |
Year 2 | 60,000 |
Year 3 | 225,000 |
Determine the dividends per share for A class of stock with preferential rights over common stock.preferred and The stock outstanding when a corporation has issued only one class of stock.common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.
Year 1 | Year 2 | Year 3 | |
Preferred stock (Dividends per share) | $ | $ | $ |
Common stock (Dividends per share) | $ | $ | $ |
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