Question
Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 14,000 shares of cumulative preferred 1% stock, $130 par,
Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 14,000 shares of cumulative preferred 1% stock, $130 par, and 47,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $12,180; second year, $34,220; third year, $56,500; fourth year, $104,210. 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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