Question: Module 6 Problem Set 1. BE. 12.03.ALGO 2. BE.12.07 3. BE.11.07 4. EX.11.01 5. BE 12.01.ALGO 6. EX.12.01.ALGO 7. BE.12.06.ALGO 8. BE.12.08.ALGO Dividends Per

Module 6 Problem Set 1. BE. 12.03.ALGO 2. BE.12.07 3. BE.11.07 4.

Module 6 Problem Set 1. BE. 12.03.ALGO 2. BE.12.07 3. BE.11.07 4. EX.11.01 5. BE 12.01.ALGO 6. EX.12.01.ALGO 7. BE.12.06.ALGO 8. BE.12.08.ALGO Dividends Per Share Seacrest Company has 10,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: 2011 2012 2013 $50,000 16,000 60,000 O 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'. Preferred Stock (dividends per share) Common Stock (dividends per share) 2011 2 28,000 X 2012 0x 2013 32,000 X 28,000 X Feedback Check My Work 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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