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eBook Dividends Per Share Show Me How Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 24,000 shares of cumulative
eBook Dividends Per Share Show Me How Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 24,000 shares of cumulative preferred 4% stock, $1.30 par, and 80,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $83,520; second year, $176,080; third year, $214,720; fourth year, $236,000. 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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