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Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 11,000 shares of cumulative preferred 2% stock, $120 par,
Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 11,000 shares of cumulative preferred 2% stock, $120 par, and 37,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $17,710; second year, $45,090; third year, $54,720; fourth year, $75,610. Compute the dividend per share on each class of stock for each of the four years. Round all answers to two decimal
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