Question: Don ity Take: Practice! Dividends Per Share 1 pt Dividends Per Share Oceanic Company has 25,000 shares of cumulative preferred 1% stock, $150 par and

Don ity Take: Practice! Dividends Per Share 1 pt Dividends Per

Don ity Take: Practice! Dividends Per Share 1 pt Dividends Per Share Oceanic Company has 25,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $5 par common stock. Te folowing amounts were distributed as dividends: Year 1 Year 2 Year 3 $75,000 18,800 112,500 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'. Year 1 Year 2 Year 3 Preferred stock (Dividends per share) Common stock (Dividends per share) ubmit AnswerTry Another Version

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