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Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 16,000 shares of cumulative preferred 3% stock, $130 par, and
Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 16,000 shares of cumulative preferred 3% stock, $130 par, and 53,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $41,760; second year, $93,040; third year, $116,510; fourth year, $143,490. 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". 3rd Year 4th Year 1st Year 2nd Year Preferred stock (dividend per share) Common stock (dividend per share)
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