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dividens pwr share Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of cumulative preferred 2 stock, $25
dividens pwr share
Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of cumulative preferred 2 stock, $25 par, and 25,000 shares of $100 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $3,800; second year, $6,400; third year, $37,800, fourth year $71,250 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 4th Year 3rd Year Preferred stock (dividend per share) Common stock (dividend per share) E Step by Step Solution
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