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。 • Dividends Per Share Oceanic Company has 15,000 shares f cumulative preferred 3% stock, $100 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 2013 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) 20Y1 20Y2 20Y3 $ $67,500 36,000 135,000 S Common Stock (dividends per share)

。 • Dividends Per Share Oceanic Company has 15,000 shares f cumulative preferred 3% stock, $100 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 2013 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) 20Y1 20Y2 20Y3 $ $67,500 36,000 135,000 S Common Stock (dividends per share)

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11.18E
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1. BE.12.07 2. EX.11.01 3. BE.12.03.ALGO 4. BE.12.06.ALGO 5. EX.12.01.ALGO 6. BE.12.01.ALGO 7. BE.12.08.ALGO 8. BE.11.07 < Dividends Per Share Oceanic Company has 15,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 20Y3 $67,500 36,000 135,000 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'. 20Y1 20Y2 20Y3 Preferred Stock (dividends per share) Common Stock (dividends per share) A
Transcribed Image Text:1. BE.12.07 2. EX.11.01 3. BE.12.03.ALGO 4. BE.12.06.ALGO 5. EX.12.01.ALGO 6. BE.12.01.ALGO 7. BE.12.08.ALGO 8. BE.11.07 < Dividends Per Share Oceanic Company has 15,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 20Y3 $67,500 36,000 135,000 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'. 20Y1 20Y2 20Y3 Preferred Stock (dividends per share) Common Stock (dividends per share) A
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