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amounts were distributed as dividends: first year, $37,570; second year, $84,630; third year, $103,620; fourth year, $125,640 Internal Insights Inc., a developer of radiology equipment,
amounts were distributed as dividends: first year, $37,570; second year, $84,630; third year, $103,620; fourth year, $125,640
Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 17,000 shares of cumulative preferred 3% stock, amounts were distributed as dividends: first year, $37,570; second year, $84,630; third year, $103,620; fourth year, $125,640. $110 par, and 57,000 shares $15 par common. During its first four years operations, the following Compute the dividend 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, leave it blank. 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) Common stock (dividend per share)
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