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Zero Calories Company has 16,000 shares of cumulative preferred 1% stock, $40 par and 80,000 shares of $150 par common stock. The following amounts were
Zero Calories Company has 16,000 shares of cumulative preferred 1% stock, $40 par and 80,000 shares of $150 par common stock. The following amounts were distributed as dividends: Year 1 $21,600 4,000 Year 2 Year 3 100,800 Determine the dividends per share for preferred and common stock for each year. If an answer is zero, enter 'o'. Round all answers to two decimal places. Year 1 Year 2 Year 3 Preferred stock (Dividends per share) $ $ Common stock (Dividends per share) $
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