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any help is great Dividends per share Lightfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of cumulative preferred 2% stock,
any help is great
Dividends per share Lightfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of cumulative preferred 2% stock, $25 pac, and 25,000 shares of $125 par common. During its first four years of operations, the following amounts were distributed as dividends; first year, $3,800; second year, $6,400; third year, $41,800; fourth year, $84,750. 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 poid in a given yeac, enter "O Step by Step Solution
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