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# Dividends Per Share Sandpiper Company has 10,000 shares of cumulative preferred 2% stock, \$50 A dollar...

Dividends Per Share

Sandpiper Company has 10,000 shares of cumulative preferred 2% stock, \$50 A dollar amount assigned to each share of stock.par and 50,000 shares of \$20 par The stock outstanding when a corporation has issued only one class of stock.common stock. The following amounts were distributed as dividends:

 Year 1 \$15,000 Year 2 5,000 Year 3 30,000

Determine the dividends per share for A class of stock with preferential rights over common stock.preferred and common Shares of ownership of a corporation.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) Year 1 \$ \$ Year 2 \$ \$ Year 3 \$ \$

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