Sabas company has 40,000 shares of 1% preferred stock of $100 par and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends:
Year1: $50,000
Year2: 90,000
Year 3: 130,000
Determine the dividends per share for preferred and common stock for each year.

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Hi, quazy234!

morgaine300 is 100% correct! What do you think the answers might be, and why do you think so, please?

Thanks!