Question
Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 19,000 shares of cumulative preferred 2% stock, $140 par,
Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 19,000 shares of cumulative preferred 2% stock, $140 par, and 63,000 shares of $15 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $35,720; second year, $80,680; third year, $101,570; fourth year, $128,800.
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.
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