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Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,700 shares of cumulative preferred 4% stock, $15 par, and 398,200 shares of
Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,700 shares of cumulative preferred 4% stock, $15 par, and 398,200 shares of $24 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $55,400 ; second year, $76,300 ; third year, $80,000 ; fourth year, $99,200 .
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".
1st Year | 2nd Year | 3rd Year | 4th Year | |
Preferred stock (dividends per share) | ||||
Common stock (dividends per share) |
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