Dividends per shareZero Calories Company has 20,000 shares of cumulative preferred 1% stock, $50 par and 200,000 shares of $10 par common stock. The following amounts were distributed asdividends:20Y120Y220Y3$30,0008,000110,000Determine 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)20Y1SA20Y2SA20Y3SASA13

To solve this problem, we need to calculate the dividends per share for both preferred and common…

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