In: Accounting
Dividends Per Share
Zero Calories Company has 15,000 shares of cumulative preferred 1% stock, $50 par and 100,000 shares of $10 par common stock. The following amounts were distributed as dividends:
20Y1 | $28,500 |
20Y2 | 6,000 |
20Y3 | 110,000 |
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.
Preferred Stock (dividends per share) |
Common Stock (dividends per share) |
|
20Y1 | $ | $ |
20Y2 | $ | $ |
20Y3 | $ | $ |