Determine the dividends per share for preferred and common

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Question: Dividends Per Share

Sandpiper Company has 30,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends:

20Y1	$45,000
20Y2	24,000
20Y3	90,000

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'.

I can't seem to find the right answer for the 20y2 preferred stock dividend per share. could you explain how to get it please. and also my 2nd problem is attached under.

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Dividends Per Share

Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred 3% stock, $20 par and 400,000 shares of $25 par common.

During its first four years of operations, the following amounts were distributed as dividends: first year, $33,000; second year, $72,000; third year, $90,000; fourth year, $100,000.

Determine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0.00".

	1st Year	2nd Year	3rd Year	4th Year
Preferred stock (dividends per share)	$fill in the blank 1	$fill in the blank 2	$fill in the blank 3	$fill in the blank 4
Common stock (dividends per share)	fill in the blank 5	fill in the blank 6	fill in the blank 7	fill in the blank 8

Reference no: EM133372469

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