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Category > Accounting Posted 22 May 2017 My Price 4.00

National Furniture Company

National Furniture Company has 25,000 shares of cumulative preferred 2% stock, $75 par and 200,000 shares of $10 par common stock. The following amounts were distributed as dividends:

Year 1 $25,000

Year 2 $88,000

Year 3 $95,500 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 Common Stock

(dividend per share) (dividend per share)

 

Year 1 $ $

Year 2 $ $

Year 3 $ $

Answers

SuperTutor
(15)
Status NEW Posted 22 May 2017 03:05 AM My Price 4.00

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