Question: Dividends per share Lightfoot Inc., a software development firm, has stock outstanding and dividends distributed as follows: DATA 49,000 1% $115 Cumulative preferred stock: Shares

Dividends per share Lightfoot Inc., a software development firm, has stock

Dividends per share Lightfoot Inc., a software development firm, has stock outstanding and dividends distributed as follows: DATA 49,000 1% $115 Cumulative preferred stock: Shares outstanding Dividend right Par value Common stock: Shares outstanding Par value Dividends distributed: 1st year 2nd year 3rd year 109,000 $140 $38,000 $58,000 $76,000 $132,000 4th year 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 3rd Year 1st Year 2nd Year 4th Year Preferred stock Common stock Formulas 1st Year 2nd Year 3rd Year 4th Year

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