Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Preferred and common stock for each year (https://www.askmehelpdesk.com/showthread.php?t=791550)

  • May 7, 2014, 01:04 PM
    juleebhuerta
    Preferred and common stock for each year
    Swan Creek Company has 40,000 shares of cumulative preferred 2% stock, $60 par and 50,000 shares of $50 par common stock. The following amounts were distributed as dividends:

    Year 1: $30,000
    Year 2: $90,000
    Year 3: $125,000

    Determine the dividends per share for preferred and common stock for each year.

  • All times are GMT -7. The time now is 01:28 PM.