Question: Dividends Per Share Lightfoot Inc., a software development fim, has stock outstanding as follows: 25,000 shares of cumulative preferred stock, $25 par and 31,000 of
Dividends Per Share Lightfoot Inc., a software development fim, has stock outstanding as follows: 25,000 shares of cumulative preferred stock, $25 par and 31,000 of 100 por common. During its first four years of operations, the following amounts were distributed as dividends: first year, 57.250 second year $11.750, third 563.600 fourth year 5108,340. Calculate the dividends per share on each dass of stock for each of the four years, Round at answers to two decimal places. I no diviends are paid in a given year, enter 09 1st Year 2nd Year 3rd Year Year 0 Preferred stock (dividend per share) Common stock (dividend per share)
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