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Show Me How Dividends per share Seacrest Company has 20,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $15 par
Show Me How Dividends per share Seacrest Company has 20,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 $120,000 24,000 180,000 20Y3 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'. Preferred Stock (dividends per share) 20Y1 20Y2 $ 20Y3 $ Common Stock (dividends per share) $
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Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
1285866304, 978-1285866307
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