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eBook 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
eBook 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 405,000 shares of $25 par common. Show Me How During its first four years of operations, the following amounts were distributed as dividends: first year, $33,000; second year, $73,000; third year, $100,000; 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". Preferred stock (dividends per share) Common stock (dividends per share) Feedback 1st Year 0 X 2nd Year X 0.08 $ 3rd Year 0.60 0.16 4th Year 0.60 0.16 Seventy-Two inc, a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred 3% stock, $20 par and 405,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $33,000; second year, $73,000; third year, $100,000; 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
eBook 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 405,000 shares of $25 par common. Show Me How During its first four years of operations, the following amounts were distributed as dividends: first year, $33,000; second year, $73,000; third year, $100,000; 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". Preferred stock (dividends per share) Common stock (dividends per share) Feedback 1st Year 0 X 2nd Year X 0.08 $ 3rd Year 0.60 0.16 4th Year 0.60 0.16
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