Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows:...
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Accounting
Dividends Per Share
Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 12,000 shares of cumulative preferred 1% stock, $140 par, and 40,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $11,280; second year, $32,320; third year, $43,520; fourth year, $72,400.
Compute 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 (dividend per share)
$
$
$
$
Common stock (dividend per share)
$
$
$
$
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