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Poseidon Shipping reported the following for 2018: Net sales: Net income: Market price per share of common stock: Dividends: $375,000.00 $33,600.00 $37.50 $22,500.00 Average number
Poseidon Shipping reported the following for 2018: Net sales: Net income: Market price per share of common stock: Dividends: $375,000.00 $33,600.00 $37.50 $22,500.00 Average number of shares of common stock outstanding: 125,000 What are the dividends per share for Poseidon Shipping? (Round your final answer to the nearest cent.) OA. $0.27/share OB. $0.09/share OC. $0.44/share OD. $0.18/share 13
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