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eBook Show Me How Question Content Area Dividends per share Seacrest Company has 30,000 shares...

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Accounting

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Question Content Area

Dividends per share

Seacrest Company has 30,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:

Year Amount
20Y1 $135,000
20Y2 72,000
20Y3 270,000

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'.

Year Preferred Stock (dividends per share) Common Stock (dividends per share)
20Y1 $fill in the blank 1 $fill in the blank 2
20Y2 $fill in the blank 3 $fill in the blank 4
20Y3 $fill in the blank 5 $fill in the blank 6
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