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Dividends per share Lightfast Inc., a software develoment firm, has stock outstanding as follows: 36,000 shares of cumulative preferred 3% stock, $125 per and
Dividends per share Lightfast Inc., a software develoment firm, has stock outstanding as follows: 36,000 shares of cumulative preferred 3% stock, $125 per and 106,000 shares of $140 par common. During its first four years of operations, the flowing amounts were distributed as dividends: Brst year, $32,000; second year, $54,000; third year, $70,000, fourth year, $134,000. This information has been collected in the Microsoft Excel Online fie. Open the spreadsheet ferm the required analysis, and input your answers in the questions below. Open spreadshee Determine the dividends per share on each class of stock for each of the four years. Round your answ 1st Year Preferred stack (hidends per share) Cuen (vidends per share) 2nd Year 3rd Year 4th Year the nearest cent. If no dividends are paid in a given year, er "0"
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