Question: #7, problem set 6 Module 6 Problem Set 1. BE. 12.07 Dividends Per Share Sandpiper Company has 30,000 shares of cumulative preferred 3% stock, $150

#7, problem set 6

Module 6 Problem Set 1. BE. 12.07 Dividends Per Share Sandpiper Company has 30,000 shares of cumulative preferred 3% stock, $150 par and 50,000 shares of $15 2. EX. 12.01.ALGO par common stock. The following amounts were distributed as dividends: 3. BE. 12.06.ALGO 20Y1 $202,500 20Y2 108,000 4. BE. 12.08.ALGO 20Y3 405,000 5. BE. 12.03.ALGO 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'. 6. EX. 11.01 Preferred Stock Common Stock 7. BE. 12.01.ALGO (dividends per share) (dividends per share) 20Y1 8. BE. 11.07 20Y2 20Y3

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