Flower company has 40000 shares of 100 par 2 cumulative

Reference no: EM13576328

Flower Company has 40,000 shares of $100 par, 2% cumulative preferred stock and 200,00 shares of $50 par common stock. The following amounts were distributed as dividends.. Year 1: $20,00 Year 2: 90,000 Year 3: 180,000 Determine the dividends per share for preferred and common stock for the third year.

Reference no: EM13576328

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