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Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,300 shares of cumulative preferred 2% stock, $15 par, and
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,300 shares of cumulative preferred 2% stock, $15 par, and 399,800 shares of $24 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $55,200 ; second year, $76,200 ; third year, $80,500 ; fourth year, $98,400. 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 "0". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) $ $ Common stock (dividends per share) $ Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative preferred 2% stock, $25 par, and 31,000 shares of $50 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $4,750; second year, $8,000; third year, $48,620; fourth year, $93,720. 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 "0". 1st Year 2nd Year 3rd Year 4th Year $ Preferred stock (dividend per share) Common stock (dividend per share) $ $ $ $
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