Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows:...
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Accounting
Dividends Per Share
Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 81,700 shares of cumulative preferred 3% stock, $15 par, and 398,200 shares of $26 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $56,000 ; second year, $77,900 ; third year, $80,700 ; fourth year, $98,800 .
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 paid in a given year, enter "0".
1st Year
2nd Year
3rd Year
4th Year
Preferred stock (dividends per share)
$
$
$
$
Common stock (dividends per share)
$
$
$
$
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