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Dividends Per Share Seventy Two Inc., a developer of radiology equipment, has stock outstanding as follows: 81 300 shares of cumulative preferred 4% stock $15
Dividends Per Share Seventy Two Inc., a developer of radiology equipment, has stock outstanding as follows: 81 300 shares of cumulative preferred 4% stock $15 par, and 400,500 shares o $26 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $55,100; second year, $76,400; third year, $80,600 ; fourth year, $98,300 Calculate 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 "O". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) Common stock (dividends per share)
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