Question: Dividends Per Share Lightfoot Inc, a software development firm, has stock outstanding as follows: 30,000 shares of cumulative preferred 2 stock, 125 par, and 30,000

 Dividends Per Share Lightfoot Inc, a software development firm, has stock

Dividends Per Share Lightfoot Inc, a software development firm, has stock outstanding as follows: 30,000 shares of cumulative preferred 2 stock, 125 par, and 30,000 shares of $75 per common. During its first four years of operations the following amounts were distributed as dividends first year, 55,700 second year, 59,600; third year, 162,000; fourth year, 5124,820 Calculate the dividends per share on each class of stock for each of the four years. Round answers to two decimal places. If no dividends are paid a ven year, entero" 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) Common stock (dividend per share) IEEE DER Next

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