How to determine the dividends per share for preferred

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Seacrest Company has 30,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends:

20Y1      $30,000

20Y2      12,000

20Y3        45,000

Question 1: 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: EM132583501

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