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Dividends Per Share Windborn Company has 20,000 shares of cumulative preferred 3% stock, $50 par...

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Accounting

Dividends Per Share

Windborn Company has 20,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:

Year 1 $45,000
Year 2 24,000
Year 3 90,000

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 1 Year 2 Year 3
Preferred stock (Dividends per share)
Common stock (Dividends per share)

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