(Solved): Dividends Per Share Sandpiper Company has 25,000 shares of cumulative preferred 2% stock, $150 par ...

Dividends Per Share Sandpiper Company has 25,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 $187,500 60,000 225,000 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 ¹0". 2013 20Y1 2012 20Y3 Preferred Stock (dividends per share) Feedback $ 3 2,40 3.60 Common Stock (dividends per share) 0 2.70