Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as...
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Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 25,000 shares of cumulative preferred 2% stock, $150 par, and 83,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year $50,250 second year, $109,750; third year, $153,970; fourth year, $211,120, Compute the dividend per share on each dass of stock for each of the four years, Round all answers to two decimal places. If no dividends are paid in a given year, leave it blank. 2nd Year Preferred stock (dividend per share) X Common stock (dividend per share) Ist Year 3rd Year 4th Year : Feedback Check My Work Is the preferred stock cumulative or non-cumulative stock? Determine the amount of current dividends that preferred stock should receive per year. Is the question asking for a per share amount or total amount per class of stock
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