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Dividends per share Lightfoot Inc., a software development firm, has stock outstanding as follows: 3 3 , 0 0 0 shares of cumulative preferred 1
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, $ This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.
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