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Determine dividends per share for preferred and common stock

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Reference no: EM132924171

Problem - Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends:

Dividends Per Share -

20Y1 $30,000 20Y2 12,000 20Y3 45,000

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'.

Reference no: EM132924171

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