Dragonfly Rentals, Inc. has issued 500,000 shares of $30 par, 3% cumulative preferred stock and 100,000 shares of $25 pa

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Dragonfly Rentals Inc Has Issued 500 000 Shares Of 30 Par 3 Cumulative Preferred Stock And 100 000 Shares Of 25 Pa 1 (36.91 KiB) Viewed 45 times

Dragonfly Rentals, Inc. has issued 500,000 shares of $30 par, 3% cumulative preferred stock and 100,000 shares of $25 par common stock. The following amounts were distributed as dividends: Directions: Fill in the missing blanks in the table below. Format: If a box does not have an amount, enter 0. Enter large amounts with a comma (example: 25,000 not 25000). Round dividends per share to nearest TWO decimal places. (Example: DPS = .678 enter this as .68) DO NOT USE $ SIGN! Amount distributed Preferred dividend (500,000 shares) Common dividend (100,000 shares) Dividends per share: Preferred stock Common stock (Current year preferred dividend in . Year 1 $375,000 45000 Year 2 $400,000 Year 3 $650,000 10