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eBook Show Me How Office 365 Question Content Area Dividends per share ...

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Accounting

eBook Show Me How Office 365
Question Content Area
Dividends per share
Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred 3% stock, $20 par and 405,000 shares of $25 par common.
During its first four years of operations, the following amounts were distributed as dividends: first year, $33,000; second year, $74,000; third year, $100,000; fourth year, $120,000.
This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.
Open spreadsheet
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".
Line Item Description 1st Year 2nd Year 3rd Year 4th Year
Preferred stock (dividends per share) $fill in the blank 2
$fill in the blank 3
$fill in the blank 4
$fill in the blank 5
Common stock (dividends per share) fill in the blank 6
fill in the blank 7
fill in the blank 8
fill in the blank 9
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