Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 70,000 shares of cumulative preferred 3% stock, $20 par and 400,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $34,000; second year, $75,000; third year, $90,000; fourth year, $120,000. Determine 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 "0.00 
Other questions asked by students
Physics
General Management
Accounting
Accounting
Q
For f(x) = 6x and g(x)=x+9, find the following functions.a. (fog)(x); b. (gof)(x); c. (fog)(2);...
Basic Math
Algebra