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Dividends per share Lightfoot Inc., a software development firm, has stock outstanding as follows: 1 5 , 0 0 0 shares of cumulative preferred 3
Dividends per share
Lightfoot Inc., a software development firm, has stock outstanding as follows: shares of cumulative preferred stock, $ par,
and shares of $ par common. During its first four years of operations, the following amounts were distributed as dividends: first
year, $; second year, $; third year, $; fourth year, $
Determine the dividends 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, enter
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