Question
Seacrest Company has 25,000 shares of cumulative preferred 1% stock, $50 The monetary amount printed on a stock certificate.par and 50,000 shares of $5 par
Seacrest Company has 25,000 shares of cumulative preferred 1% stock, $50 The monetary amount printed on a stock certificate.par and 50,000 shares of $5 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 | $18,800 |
Year 2 | 10,000 |
Year 3 | 37,500 |
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
The stock outstanding when a corporation has issued only one class of stock.
for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.
Preferred Stock (dividend per share) | Common Stock (dividend per share) | |
Year 1 | $ | $ |
Year 2 | $ | $ |
Year 3 | $ | $ |
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