Question: Dividends per share Lightfoot Inc., a software development firm, has stock outstanding as follows: 49,000 shares of cumulative preferred 1% stock, $120 par and 105,000

Dividends per share Lightfoot Inc., a software development firm, has stock outstanding as follows: 49,000 shares of cumulative preferred 1% stock, $120 par and 105,000 shares of $150 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $45,000; second year, $60,000; third year, $73,000; fourth year, $127,000. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet Determine the dividends per share on each class of stock for each of the four years. Round your answers to the nearest cent. If no dividends are paid in a given year, . enter "0". 1st Year 2nd Year 3rd Year 4th Year $ Preferred stock (dividends per share) $ $ o $ 0 $ $ Common stock (dividends per share) $ File Home Insert Formulas Data Review View Help Tell me what you want to do Xan Arial - 10 Wrap Text - AA A FE Currency $. % *** Paste La Copy Format Painter Clipboard BIR Merge Center Insert Delete Conditional Format Formatting as able Styles Tables so Font Alignment Number Cels 2 D E Dividends per share Lightfoot Inc., a software development firm, has stock outstanding and dividends distributed as follows: DATA Cumulative preferred stock: Shares outstanding 49,000 Dividend right 1% Par value $120 Common stock Shares outstanding 105,000 Par value $150 Dividends distributed: $45,000 $60,000 $73,000 $127.000 Using formulas and cell references, perform the required analysis, and input your answers into the Dividends Per Share columns. Transfer the numeric results for the green entry cells (B22:E23) into the appropriate fields in CNOWV2 for grading. Dividends Per Share 1st Year 2nd Year 3rd Year 4th Year 2 Preferred stock 3 Common stock 1st year 2nd year 3rd year 4th year Formulas 1st Year 2nd Year 3rd Year 4th Year
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