Question: Dividends Per Share Lightfootine, a software development form, has stock outstanding as follows: 30,000 shares of cumulative preferred 3 stock, 525 par and 38,000 shares
Dividends Per Share Lightfootine, a software development form, has stock outstanding as follows: 30,000 shares of cumulative preferred 3 stock, 525 par and 38,000 shares of $125 par common. During its first four years of operations, the following amounts were distributed as dividends first year, $8,700; second year, 514,100; third yes, 594,720;fourth y $120.720 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 given year, enter" 1st Year 2nd Year 3rd Year the Year Preferred stock (dividend per share) Common stock (dividend per share)
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