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Seacrest Company has 25,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $25 par common stock. The following amounts were distributed
Seacrest Company has 25,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends: 20Y1 $37,500 20Y2 20,000 20Y3 75,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0
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