Question: Chapter 12 Practice Assignment eBook Show Me How Dividends per share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares

 Chapter 12 Practice Assignment eBook Show Me How Dividends per share

Chapter 12 Practice Assignment eBook Show Me How Dividends per share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 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, $33,000; second year, $75,000; third year, $80,000; fourth year, $100,000. 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 "O". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) $ $ $ Common stock (dividends per share)

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