Oceanic Company has 20,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of...
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Oceanic Company has 20,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: 2011 2012 2013 $15,000 4,000 30,000 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 Common Stock (dividends per share) (dividends per share) 2011 2012 2013 Oceanic Company has 20,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: 2011 2012 2013 $15,000 4,000 30,000 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 Common Stock (dividends per share) (dividends per share) 2011 2012 2013
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