Problem
Dividends Per Share
Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred 3% stock, $20 par and 410,000 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, $72,000; third year, $90,000; fourth year, $100,000.
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".
|
|
1st Year
|
2nd Year
|
3rd Year
|
4th Year
|
|
Preferred stock (dividends per share)
|
$fill in the blank 1
|
$fill in the blank 2
|
$fill in the blank 3
|
$fill in the blank 4
|
|
Common stock (dividends per share)
|
fill in the blank 5
|
fill in the blank 6
|
fill in the blank 7
|
fill in the blank 8
|