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Sabas Company has 37,000 shares of $100 par, 3% preferred stock and 112,000 shares of $50 par common stock issued and outstanding. The following
Sabas Company has 37,000 shares of $100 par, 3% preferred stock and 112,000 shares of $50 par common stock issued and outstanding. The following amounts were distributed as dividends: Year 1: Year 2: Year 3: $481,000 438,000 513,000 Determine the dividends per share for preferred and common stock for each year. If required, round your answers to two decimal places. Dividends per share Year 1 $ Year 2 Year 3 $ Preferred stock Common stock
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