Question: eBook Show Me How Question Content Area Dividends Per Share Seacrest Company has 30,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares

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Dividends Per Share

Seacrest Company has 30,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends:

20Y1$30,00020Y26,00020Y345,000

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'.

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