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Ch13 Homework Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 19,000 shares of cumulative preferred 3%

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Ch13 Homework Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 19,000 shares of cumulative preferred 3% stock, $150 par, and 63,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $57,380; second year, $123,620; third year, $160,460; fourth year, $199,530. 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. Preferred stock (dividend per share) Common stock (dividend per share) Feedback 1st Year 3.02 0 2nd Year 3rd Year 4th Year x x

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