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The THIRD YEAR PREFERRED STOCK OF 0.60 is INCORRECT. I need to find the correct answer. Everything else is correct. Dividends Per Share Seventy-Two Inc.,
The THIRD YEAR PREFERRED STOCK OF 0.60 is INCORRECT. I need to find the correct answer. Everything else is correct.
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred During its first four years of operations, the following amounts were distributed as dividends: first Calculate the dividends per share on each dlass 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 0.00 3% stock. S20 par, and 40s,000 shares of $25 par common. year, $32,000; second year, $73,000; third year, $80,000; fourth year, $120,000. 4th Year 2nd Year 3rd Year 1st Year s( 0.53 } s( 0.67) 0.60) 0.00 Preferred stock (dividends per share) 0.21 0.00 Common stock (dividends per share) Step by Step Solution
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