Question: Please help! I dont understand.. Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred 3% stock, $20 par and 410,000 shares of $25 par common During its first four years of operations, the following amounts were distributed as dividende: first year, $34,000; second year $76,000; third year, $100,000; fourth year, $100,000 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 "0.00" 2nd Year 3rd Year 4th Year 1st Year Preferred stock (dividends per share) Common stock (dividends per share)
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