Question: just need the 2 that are in red Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of
Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of cumulative preferred 3% stock, $25 par, and 25,000 shares of $100 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $5,800; second year, $9,400; third year, $47,800; fourth year, $76,250. Calculate 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 "O". 1st Year 2nd Year 3rd Year Preferred stock (dividend per share) 0.29 0.47 1.49 Common stock (dividend per share) 4th Year 0.75
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