Business, 29.11.2020 04:40 petunia6548
Sandpiper Company has 15,000 shares of cumulative preferred 1% stock, $100 par, and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 7,500
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'.
Preferred Stock
(dividends per share) Common Stock
(dividends per share)
20Y1 $fill in the blank 1
2
$fill in the blank 2
0
20Y2 $fill in the blank 3
$fill in the blank 4
20Y3 $fill in the blank 5
$fill in the blank 6
Answers: 1
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Sandpiper Company has 15,000 shares of cumulative preferred 1% stock, $100 par, and 50,000 shares of...
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