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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Dividends Per Share
Zero Calories Company has 15,000 shares of cumulative preferred 1% stock, $50 par and 100,000 shares of $10 par common stock. The following amounts were distributed as dividends:
20Y1 | $28,500 |
20Y2 | 6,000 |
20Y3 | 110,000 |
Determine the dividends per share for preferred and common stock for each year. If an answer is zero, enter '0'. Round all answers to two decimal places.
(dividends per share) |
Common Stock (dividends per share) |
|
20Y1 | $ | $ |
20Y2 | $ | $ |
20Y3 | $ | $ |
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