Sabas Company has 40,000 shares of $100 par, 1% preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends:Year 1:$ 50,000Year 2:90,000Year 3:130,000?Determine the dividends per share for preferred and common stock for each year.
RECOMMENDED!!Sabas Company has 40,000 shares of $100 par,
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