Business, 05.08.2020 16:01 oryunnis

Seacrest Company has 15,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: Year 1 $30,000
Year 2 12,000
Year 3 45,000

Required:
Determine the dividends per share for preferred and common stock for each year.

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Seacrest Company has 15,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $5...

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