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Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,700...
Dividends Per Share
Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,700 shares of cumulative preferred 3% stock, $15 par, and 400,000 shares of $24 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $57,000 ; second year, $77,200 ; third year, $80,900 ; fourth year, $100,600 .
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) | $ | $ | $ | $ |
Solutions
ekkarill92 answered 1 month agoRelated Solutions
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000...
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,
$30,000; second year, $75,000; third year, $100,000; 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....
1. Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows:...
1. 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, $30,000; second year,
$72,000; third year, $100,000; 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...
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000...
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 405,000 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....
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 81,700...
Dividends Per Share
Seventy-Two Inc., a developer of radiology equipment, has stock
outstanding as follows: 81,700 shares of cumulative preferred 3%
stock, $15 par, and 398,200 shares of $26 par common. During its
first four years of operations, the following amounts were
distributed as dividends: first year, $56,000 ; second year,
$77,900 ; third year, $80,700 ; fourth year, $98,800 .
Calculate the dividends per share on each class of stock for
each of the four years. Round all answers...
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,700...
Dividends Per Share
Seventy-Two Inc., a developer of radiology equipment, has stock
outstanding as follows: 80,700 shares of cumulative preferred 3%
stock, $15 par, and 399,700 shares of $25 par common. During its
first four years of operations, the following amounts were
distributed as dividends: first year, $56,700 ; second year,
$76,600 ; third year, $80,000 ; fourth year, $99,400 .
Calculate the dividends per share on each class of stock for
each of the four years. Round all answers...
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,900...
Dividends Per Share
Seventy-Two Inc., a developer of radiology equipment, has stock
outstanding as follows: 80,900 shares of cumulative preferred 2%
stock, $15 par, and 398,600 shares of $24 par common. During its
first four years of operations, the following amounts were
distributed as dividends: first year, $55,600 ; second year,
$77,800 ; third year, $78,100 ; fourth year, $101,900 .
Calculate the dividends per share on each class of stock for
each of the four years. Round all answers...
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000...
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 400,000 shares of $25 par common.
During its first four years of operations, the following amounts
were distributed as dividends: first year, $31,000; second year,
$73,000; 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....
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 70,000...
Dividends Per Share 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,
$33,000; second year, $73,000; 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....
Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,600...
Dividends Per Share Seventy-Two Inc., a developer of radiology
equipment, has stock outstanding as follows: 80,600 shares of
cumulative preferred 3% stock, $15 par, and 398,300 shares of $23
par common. During its first four years of operations, the
following amounts were distributed as dividends: first year,
$56,900 ; second year, $77,100 ; third year, $80,900 ; fourth year,
$99,500 . Calculate the dividends per share on each class of stock
for each of the four years. Round all answers...
Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 22,000...
Dividends Per Share
Imaging Inc., a developer of radiology equipment, has stock
outstanding as follows: 22,000 shares of cumulative preferred 4%
stock, $160 par, and 73,000 shares of $15 par common. During its
first four years of operations, the following amounts were
distributed as dividends: first year, $94,380; second year,
$197,220; third year, $229,240; fourth year, $229,860.
Compute the dividends per share on each class of stock for each
of the four years. Round all answers to two decimal places....
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