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Dividends Per Share Lightfoot Inc, a software development firm, has stock outstanding as follows: 10,000...

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Accounting

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Dividends Per Share Lightfoot Inc, a software development firm, has stock outstanding as follows: 10,000 shares of cumulative preferred 2% stock, $20 par, and 13,000 shares of $50 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $1,500; Second year, $2,500, third year $18,660; fourth year, $40,270. 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 pald 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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