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Ch 13-3 Exercises & Problems Dividends Per Share Imaging Inc, a developer of radiology equipment, has stock outstanding as follows: 11,000 shares of cumulative preferred
Ch 13-3 Exercises & Problems Dividends Per Share Imaging Inc, a developer of radiology equipment, has stock outstanding as follows: 11,000 shares of cumulative preferred 2% stock, $150 par, and 37,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $23,540; second year, $56,860; third year, 569,260; fourth year, $90,700. Compute 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 4th Year S s S Preferred stock (dividend per share) Common stock (dividend per share) S Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 14,000 shares of cumulative preferred 1% stock, $110 par, and 47,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $10,360; second year, $30,440; third year, $49,760; fourth year, $93,890. Compute 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 4th Year Preferred stock (dividend per share) Common stock (dividend per share) $ $
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