Question
Sabas Company has issued and outstanding 32,000 shares of $100 par, 2% preferred stock and 102,000 shares of $50 par common stock. The following amounts
Sabas Company has issued and outstanding 32,000 shares of $100 par, 2% preferred stock and 102,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1 $499,000 Year 2 488,000 Year 3 541,000 Determine the dividend per share for preferred and common stock for each year. If required, round your answers to two decimal places. Dividend per share: Year 1 Year 2 Year 3 Preferred stock $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 Common stock $fill in the blank 4 $fill in the blank 5 $fill in the blank 6
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