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anty-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred 3 stock, $20 par and 405,000 shares par common. ng its first four years of operations, the following amounts were distributed as dividends: first year, $31,000; second year. $74,000; third year, $80,000; fourth yea 10,000 termine 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, ter "0.00". 1st Year 3rd Year 4th Year referred stock (dividends per share) Common stock (dividends per share) 2nd Year 0.39 0.007 Feedback Oh My War Is the preferred stock cumulative or non-cumulative stock? Determine whint amount of current dividends that preferred stock should receive per year is the question asking for a per-share amount or total amount per dass of stock? Next > Check My Work Email Instructor Save and be submit Assignment for Grading 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 405,000 shares of $25 par common During its first four years of operations, the following amounts were distributed as dividends: first year, $31,000; second year, $74,000; third year, $80,000, fourth year, $110,000 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" Ist Year 2nd Year 3rd Year 4th Year 0.39 Preferred stock (dividends per share) Common stock (dividends per share) 0.00 x Is the preferred stock cumulative or non-cumulative stock Determine what amount of current dividends that preferred stock should receive per year is the question asking for a pershare amount or total amount per class of stock? Check My Work Next