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Please respond using format provided. $36,000; second year, $72,000; third yel,80,000, per share on each class of stock for each of the four years. E
Please respond using format provided.
$36,000; second year, $72,000; third yel,80,000, per share on each class of stock for each of the four years. E HOW EXCEL TEMPLATE EX 12-2 Dividends per share Obj 2 Preferred stock, Lightfoot Inc., a software development firm, has stock outstanding as follows: 40,000 shares st year: $0.90 of cumulative preferred 1% stock, $125 par and 100,000 shares of $150 par common. During were distributed as dividends: finst its first four years of operations, the following amounts year, $36,000; second year, $58,000; third year, $75,000; fourth year, $124,000. Determine the dividends per share on each class of stock for each of the four years. EX 12-3 Entries for issuing par stock Obj, 2 On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 180000 sh 25,000 shares aan, man etan!, at 22, and on Eahruarv 2 it icci led for ca EXERCISE 12-2 Description Total dividend declared Preferred dividend (current) Preferred dividend in arrears Total preferred dividends Preferred shares outstanding Preferred dividend per share Dividend for common shares Common shares outstanding Common dividend per share 1st Year 2nd Year 3rd Year 4th YearStep by Step Solution
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