Question: hi, please help, I'm stuck right here Dividends Per Share Oceanic Company has 25,000 shares of cumulative preferred 3 stock, 5100 par and 50,000 shares
Dividends Per Share Oceanic Company has 25,000 shares of cumulative preferred 3 stock, 5100 par and 50,000 shares of $36 par common stock. The following amounts were distributed as dividends: 2011 $187,500 2012 37.500 20Y3 225,000 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 'o'. Preferred Stock Common Stock (dividends per share) (dividends per share) 2013 2012 1.5 0 2013 3 x 3 X Checy w Determine what amount of current dividends that preferred stock should receive per year. Keep in mind that the question is asking for a dividend per share for each year and class of stock, rather than the total amount to be distributed to each class of stock
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