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The board of directors of Tru Corporation declared cash dividends of $ 3 . 2 million, $ 1 7 . 0 million, and $ 4
The board of directors of Tru Corporation declared cash dividends of $ million, $ million, and $ million in each of its first years of operation: and respectively. The shareholders' equity of Tru Corporation includes the items shown below.
Common stock, $ par, shares outstanding
Preferred stock, $ par, shares outstanding
Required:
Determine the amount of dividends per share on preferred and common stock for each of the three years. The preferred stock is noncumulative and nonparticipating. Round your answer to decimal places. For instance, if your answer is $ per share, write If your answer is cents per share, write
tableYearPreferred,Common
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