Question
EETAL... EETAL... EETAL Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 18,000 shares of cumulative preferred 3% stock,
EETAL... EETAL... EETAL Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 18,000 shares of cumulative preferred 3% stock, $150 per, and 60,000 shares of 15 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $54,360; second year, $117,640; third year. $145,020; fourth year, $169,200 Compute 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" Preferred stock (dividend per share) Common stock (dividend per share) 1st Year 2nd Year 3rd Year 4th Year
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