dividends per share sandpiper company has 25000 shares of cumulative preferred 3 stock 100 par and 50000 shares of 10 par common as dividends 20y1 150000 20y2 37500 20y3 225000 determine the 86055
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Preferred stock—calculate dividend amounts Dedrick Inc. did not pay dividends in 2021 or 2022, even though 60,000 shares of its 7.5%, 50 par value cumulative preferred stock were outstanding during those years. The company has 900,000 shares of 2 par value common stock outstanding. Required: a. Calculate the annual dividend per share obligation on the preferred stock. b. Calculate the amount that would be received by an investor who has owned 3,100 shares of preferred stock and 29,000 shares of
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