Please show your MATH: Zero Calories Company has 16,000 shares of cumulative preferred 1% stock,...
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Please show your MATH: Zero Calories Company has 16,000 shares of cumulative preferred 1% stock, $40 par and 80,000 shares of $150 par common stock. The following amounts were distributed as dividends:
Year 1= 21600
year 2= 4000
year 3= 100800
Determine the dividends per share for preferred and common stock for each year. If an answer is zero, enter '0'. Round all answers to two decimal places.
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