Sabas Compay has 45,000 shares of $100 par, 3% preferred stock and 91,000 shares of $50...

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Sabas Compañy has 45,000 shares of $100 par, 3% preferred stock and 91,000 shares of $50 par common stock issued and outstanding. The following amounts were distributed as dividends: Year 1: $526,000 Year 2: 462,000 Year 3: 501,000 Determine the dividends per share for preferred and common stock for each year. If required, round your answers to two decimal places. Dividends per share Year 1 Year 2 Year 3 Preferred stock Common stock Sabas Compañy has 45,000 shares of $100 par, 3% preferred stock and 91,000 shares of $50 par common stock issued and outstanding. The following amounts were distributed as dividends: Year 1: $526,000 Year 2: 462,000 Year 3: 501,000 Determine the dividends per share for preferred and common stock for each year. If required, round your answers to two decimal places. Dividends per share Year 1 Year 2 Year 3 Preferred stock Common stock

Answer rating: 100% (QA)

DATE PAGE Year3 135000 366000 Y... View the full answer