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    ATriplett's Avatar
    ATriplett Posts: 1, Reputation: 1
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    #1

    Jul 13, 2008, 02:34 PM
    Calculating Preferred Stock and Common Stock Dividend
    I want help understanding calculating dividends on preferred stock, here is the question:

    Golf-Easy Company has 10,000 shares of 3% preferred stock of $50 par and 25,000 shares of $100 par common stock. The following amounts were distributed as dividends:

    Year 1 $40,000
    Year 2 10,000
    Year 3 120,000

    Determine the dividends per share for perferred and common stock for each year. I am actually trying to understand the formula to use for this?
    Adnanh's Avatar
    Adnanh Posts: 1, Reputation: 1
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    #2

    Feb 12, 2010, 01:37 PM
    ZX\Z

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