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Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred 3% stock, $20 par and

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Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred 3% stock, $20 par and 410,000 shares of $25 par common During its first four years of operations, the following amounts were distributed as dividends: first year, $34,000; second year, $74,000; third year, $90,000; fourth year, $100,000. 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 "0.00", 1st Year 2nd Year 3rd Year 4th Year $1 Preferred stock (dividends per share) Common stock (dividends per share) 4 c D 2 Lightfoot Inc, a software development fim, has stock outstanding and dividends distributed as follows: 3 DATA 5 Cumulative preferred stock Shares outstanding 41,000 Dividend right 15 Par value 5110 9 Common stock 10 Shares outstanding 101.000 11 Par value $145 12 Dividends distributed 13 1st year $27.000 14 2nd year $59,000 15 $70,000 16 4th year $122.000 17 Using formulas and coll references, perform the required analysis, and input your answers into the Dividends Per Share columns Transfer the numeric results for the 18 green entry cells (B22 E23) into the appropriate fields in CNOWV2 for grading 19 20 Dividends Per Share 21 15 Year 2nd Year Ird Year 4th Year 22 (Preferred to 2) Common stock 24 Formulas 1st Year 2nd Year 3rd Year 4th Year 3rd year BENENESE

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