Question: 1 Need this solved asap please. help me with the proper solutions. Dividends Per Share Oceanic Company has 15,000 shares of cumulative preferred 1% stock,

1

Need this solved asap please. help me with the proper solutions.

1 Need this solved asap please. help me with the proper solutions.

Dividends Per Share Oceanic Company has 15,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends: 20Y1 $45,000 20Y2 18,000 67,500 20Y3 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 'O'. Preferred Stock (dividends per share) Common Stock (dividends per share) 20Y1 20Y2 20Y3

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