Question: Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 41,500 shares of cumulative 1% preferred stock, $125 par, and 98,000
Dividends Per Share
Lightfoot Inc., a software development firm, has stock outstanding as follows: 41,500 shares of cumulative 1% preferred stock, $125 par, and 98,000 shares of $145 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $32,300; second year, $57,800; third year, $75,800; fourth year, $122,900.
Calculate 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".
| 1st Year | 2nd Year | 3rd Year | 4th Year | |
| Preferred stock (dividends per share) | $ | $ | $ | $ |
| Common stock (dividends per share) | $ | $ | $ | $ |
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