eBook Show Me How Dividends per share Oceanic Company has 20,000 shares of cumulative preferred 3%...

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eBook Show Me How Dividends per share Oceanic Company has 20,000 shares of cumulative preferred 3% stock, $150 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 $225,000 45,000 270,000 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) Common Stock (dividends per share) 20Y1 4.5 2.70 20Y2 2.25 0 20Y3 3.24 X 3.24 X eBook Show Me How Dividends per share Oceanic Company has 20,000 shares of cumulative preferred 3% stock, $150 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 $225,000 45,000 270,000 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) Common Stock (dividends per share) 20Y1 4.5 2.70 20Y2 2.25 0 20Y3 3.24 X 3.24 X