Chapter 12 Homework (Application) eBook Show Me How Calculator Print Item Dividends Per Share 1. BE.12.01.ALGO 2. BE.12.02.ALGO Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred 3% stock, $20 par and 405,000 shares of $25 par common. 3. BE.12.03.ALGO During its first four years of operations, the following amounts were distributed as dividends: first year, $30,000; second year, $73,000; third year, $100,000; fourth year, $120,000. 4. BE.12.04.ALGO 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. EX. 12.01.ALGO 1st Year 2nd Year 3rd Year 4th Year 6. EX. 12.03.BLANKSHEET Preferred stock (dividends per share) $ $ 7. EX.12.08.ALGO Common stock (dividends per share) 8. EX.12.09.ALGO