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dividends per share Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 70,000 shares of cumulative preferred 3 stock
dividends per share
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 70,000 shares of cumulative preferred 3 stock 520 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. $76,000; third year $90,000; 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 plocts. If no dividends are paid in a given year, enter "0.00" 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) Common stock (dividends per share) Step by Step Solution
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