Dividends Per Share.

Seventy-Two Inc, a developer of radiology equipment has stock outstanding as follows; 70,000 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, $72,000; third year, $90,000; fourth year, $120,000. Determine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places.

dividends are paid in a given year, enter "0.00".

eBook Show Me How Calculator Print Item Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 70,000 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, $32,000; second year, $73,000; third year, $80,000; fourth year, $110,000. 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 Preferred stock (dividends per share) 0.46 $ 0.74 2.1 $ 2.1 Common stock (dividends per share) 0.00 0.00 X 0.04 0.17 Feedback Check My Work Is the preferred stock cumulative or non-cumulative stock? Determine what amount of current dividends that preferred stock should receive per year. Is the question asking for a per-share amount or total amount per class of stock? Dividends Per Share Seventy Two inc a developer of radiology equipment has stock outstanding as follows 20,000 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 yea 534,000 second year. $72,000, third year. $90,000 fourth year $120.000 Determine the dividende 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, anter"0.00" Ist Year 2nd Year 3rd Year 4th Year ved stock (dividende per shar) Como tock (dwidendi pe share) SES Dividends Per Share Seventy-Two Inc, a developer of radiology equipment, has stock outstanding as follows 70,000 shares of cumulative preferred 3 tock $20 pur and 410,000 shares of 25 par common During its first four years of operation, the following amounts were distributed as dividendisi fist ya 534,000 second year 372,000 third year $90,000; fourth year $120.000 Determine the dividends per share on each class of stock for each of the four years. Round alles to two decimal places. If no dividends are paid in a given year enter"0.00" Ist Year 2nd Year 3rd Year 4th Year Prerred stad dividends per share) Common stock (dividends per share)