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Determine dividends per share for preferred and common stock

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Reference no: EM13510389

Lasers4U Company has 10,000 shares of 2% cumulative preferred stock of $50 par and 25,000 shares of $100 par common stock. The following amounts were distributed as dividends:

Year 1 ..................$18,000
Year 2 .....................7,500
Year 3 ....................35,000

Determine the dividends per share for preferred and common stock for each year.

Reference no: EM13510389

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