EX.12-01 Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding...
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Accounting
EX.12-01
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 81,300 shares of cumulative preferred 4% stock, $15 par, and 398,200 shares of $23 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $55,900 ; second year, $77,900; third year, $78,100; fourth year, $100,300 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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