Sabas company

Sabas company has 20,000 shares of $100 par, 1% non-cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1: $10,000 Year 2: 15,000 Year 3: 90,000  Determine the dividends per share for preferred and common stock for each year.

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  1. Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends:Determine the dividends per share for preferred and common stock for the second year. Sabas Company
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