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Internal Insights, radiology company, has stock outstanding as follows: 15000 shares of cumulative preferred 3% stock, $110 par, and 50,000 shares of $20 par common.
Internal Insights, radiology company, has stock outstanding as follows: 15000 shares of cumulative preferred 3% stock, $110 par, and 50,000 shares of $20 par common. During its first 4 years of operations, the following amounts were distributed as dividends: first year $33,150, second year $75,850, third year $93,300 and fourth year $116,000. Compute the dividend per share on each class of stock for each of the four years. Round all answers to two decimal places.
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