Obj. 2 BE 12-1 Dividends per share Zero Calories Company has 15,000 shares of cumulative preferred 1% stock, $50 par and 100,000 shares of $10 par common stock. The following amounts were distributed as dividends: MOH 3W MOHS $ 28,500 20Y1 20Y2 000'9 20Y3 000'0LL Determine the dividends per share for preferred and common stock for each year.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Basic Exercises
BE 12-1 Dividends per share
Zero Calories Company has 15,000 shares of cumulative preferred 1% stock, $50 par and 100,000
shares of $10 par common stock. The following amounts were distributed as dividends:
Obj. 2
SHOW ME HOW
20Y1
$ 28,500
20Y2.
20Y3
000'9
Determine the dividends per share for preferred and common stock for each year.
000'OLL
Transcribed Image Text:Basic Exercises BE 12-1 Dividends per share Zero Calories Company has 15,000 shares of cumulative preferred 1% stock, $50 par and 100,000 shares of $10 par common stock. The following amounts were distributed as dividends: Obj. 2 SHOW ME HOW 20Y1 $ 28,500 20Y2. 20Y3 000'9 Determine the dividends per share for preferred and common stock for each year. 000'OLL
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