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lightfoot inc, a software development firm has a stock outstanding as follows 15000 shares of cumulative preferred 3% stock, $20 par, and 19000 shares of
lightfoot inc, a software development firm has a stock outstanding as follows 15000 shares of cumulative preferred 3% stock, $20 par, and 19000 shares of $125 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, 3,450; second year, $5,700; third year, $34,570; fourth year, $65810. calculate 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
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