Question: Dividends per share Seventy - Two Inc., a developer of radiology equipment, has stock outstanding as follows: 6 0 , 0 0 0 shares of
Dividends per share
SeventyTwo Inc., a developer of radiology equipment, has stock outstanding as follows: shares of cumulative preferred stock, $ par and
shares of $ par common.
During its first four years of operations, the following amounts were distributed as dividends: first year, $; second year, $; third year,
$; fourth year, $
Determine 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
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Is the preferred stock cumulative or noncumulative stock? Determine what amount of current dividends that preferred stock should receive per
year. Is the question asking for a pershare amount or total amount per class of stock?
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