Question
eBookShow Me How Question Content Area Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 21,000 shares of
eBookShow Me How Question Content Area Dividends Per Share Internal Insights Inc.,
a developer of radiology equipment, has stock outstanding as follows: 21,000 shares of cumulative preferred 3% stock, $140 par, and 70,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $59,010; second year, $127,390; third year, $160,580; fourth year, $191,100. 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.
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