60.1K

Verified Solution

Link Copied!

Dividens per share

Dividends Per Share Seventy Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,800 shares of cumulative preferred 25 stock, $15 pat and 401,600 shares of $25 per common. During its first four years of operations, the following amounts were distributed as dividends: first year, 456,300 ; second year 78,000; third year $81,300; fourth year, 398,500 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 ven year, enter ** 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) 24,240 24,240 81,300 99,500 Common stock (dividends per share) 32,060 53.760 Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative preferred 3 sto $25 par, and 31,000 shares of sto per common. During its first four years of operations, the following amounts were distributed as dividends first year, 37,250second year, $11.750 third year, $59.880, fourth year, 595.630, 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 years enter" 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) Common stock (dividend per share) Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of curulative preferred 3 stock, 120 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, 536,000; second year, $72,000 third year, $80,000, fourth year 5100,000, Determine the dividenda per share on each case of stock for each of the four years. Hound your answer to two decimal place to dividends are paid in a oven year, entee o" 1st Year 2nd Year 3rd Year 4th Year Iturred stock (dividende per share Common stock (dividends per thare) Bock Priem Dwidends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 40,000 shares of cumulative preferred 1 stock, $125p, and 100,000 shares of $150 par common. During its first four years of operations, the fotowing amounts were distributed as dividende first year 1.36,000; acond year, 658,000 turi yr $75,000, fourth year, 124,000 Determine the dividends per share on each claws of stock for each of the four years. Hound your answers to two decimal places. I no dividends are paid in a gwen ver, entero 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) Common stock (dividends per share)

Answer & Explanation Solved by verified expert

See Answer