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*Cengage Learning C Post a new question n Chegg Home Study tools 200 > Post a question My courses > My books My folder Career Life 84F Partly sunny + 8 https://www.chegg.com/study/qa/post < Go back Ask an expert Get step-by-step homework help in as little as 30 minutes! Our solutions are designed to help you learn and check your work. Review our Honor Code to see how we support academic integrity. Step 1 of 2: What's your question? You can drag and drop or upload images. B fx = Submit only one question per post to get the fastest response. Continue Step 2 of 2: Select a subject Q Search Post question 20 questions left Renews May 6, 2023 Home Module 6 Problem Set 1. BE.12.01.ALGO D2L 6-1 Problem Set: Module Six - AX CengageNOWv2 | Online teachi X D21. Project Guidelines and Rubric- x + 8 https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?inprogress=true eBook Dividends Per Share Show Me How Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 70,000 shares of cumulative preferred 3% stock, $20 par and 400,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $31,000; second year, $74,000; third year, $90,000; fourth year, $110,000. Determine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0.00". 5 2. EX.12.01.ALGO 3. EX.11.01 4. BE.12.03.ALGO Preferred stock (dividends per share) 5. BE.11.07 Common stock (dividends per share) 6. BE.12.07 Feedback 7. BE. 12.06.ALGO Check My Work 8. BE.12.08.ALGO 7:35 PM 4/14/2023 1st Year 2nd Year X $ Accounting numeric field 3rd Year 4th Year Is the preferred stock cumulative or non-cumulative stock? Determine what amount of current dividends that preferred stock should receive per year. Is the question asking for a per-share amount or total amount per class of stock? Check My Work Progress: 2/8 items Assignment Score: 42.1% 84F Partly sunny Q Search > D CO Previous Next All work saved. Email Instructor Save and Exit Submit Assignment for Grading 7:35 PM 4/14/2023