Question: exercise 11 -1 dividends per share baxter inc a developer of radiology equipment , has stock outstanding as follows $18,000 shares of cumulative 2% preferred

exercise 11 -1 dividends per share baxter inc a developer of radiology equipment , has stock outstanding as follows $18,000 shares of cumulative 2% preferred stock of $75 par, and 40,000 shares of $10 par common. During its first four years of operations , the following amounts were distributed as dividends: first year , 22,500 , second 28,800, third 40,100 fiurth 77k. calculate teh dividends per share on each class of stock for each of teh four years.. why aren't answers for these on the solution manual with the book

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