Question Content Area Dividends Per Share Oceanic Company has 10,000 shares of cumulative preferred 2%...
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Accounting
Question Content Area
Dividends Per Share
Oceanic Company has 10,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends:
20Y1
$30,000
20Y2
16,000
20Y3
60,000
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'.
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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