163. Sabas Company has 30,000 shares of 1% preferred stock of $100 par and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends:
Year 1:
$10,000
Year 2:
25,000
Year 3:
90,000
Determine the dividends per share for preferred and common stock for each year.
164. 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:
$ 50,000
130,000
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