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Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 21,000 shares of cumulative preferred 3% stock, $150 par,
Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 21,000 shares of cumulative preferred 3% stock, $150 par, and 70,000 shares of $15 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $63,420; second year, $135,580; third year, $169,190; fourth year, $197,400. 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. Prefi Com Feedback Check My Work Is the preferred stock cumulative or non-cumulative stock? Determine the amount of current dividends that preferred stock should receive per year. Is the question asking for a per share amount or total amount per class of stock
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