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Dividends Per Share Show Me How Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 23,000 shares of cumulative preferred
Dividends Per Share Show Me How Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 23,000 shares of cumulative preferred 2% stock, $120 par, and 77,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $37,030; second year, $83,370; third year, $111,160; fourth year, $149,140. Compute the dividend 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, leave it blank. Preferred stock (dividend per share) Common stock (dividend per share) 1st Year 2nd Year 3rd Year 4th Year
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