Lightfoot Inc., a software development firm, has stock outstanding as follows: 15,000 shares of cumulative preferred 4% stock, $25 par, and 19,000 shares of $50 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $5,700; second year, $9,450; third year, $44,860; fourth year, $66,110.

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".

Perdue Company purchased equipment on April 1 for $58,320. The equipment was expected to have a useful life of three years, or 8,100 operating hours, and a residual value of $1,620. The equipment was used for 1,500 hours during Year 1, 2,800 hours in Year 2, 2,400 hours in Year 3, and 1,400 hours in Year 4.

Required:

Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) the units-of-activity method, and (c) the double-declining-balance method.

Note: FOR DECLINING BALANCE ONLY, round the final multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar.

Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 23,000 shares of cumulative preferred 4% stock, $150 par, and 77,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $92,460; second year, $193,540; third year, $240,940; fourth year, $270,440. Compute 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 (dividend per share) $ $ $ $ Common stock (dividend per share) $ $ $ $

Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 81,100 shares of cumulative preferred 2% stock, $15 par, and 400,100 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $55,500 ; second year, $77,500 ; third year, $80,500 ; fourth year, $100,900 .

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".

Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 70,000 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, $74,000; third year, $90,000; fourth year, $120,000. 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 "0.00". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) $ $ $ $ Common stock (dividends per share)

Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 24,000 shares of cumulative preferred 4% stock, $150 par, and 80,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $96,480; second year, $201,520; third year, $252,000; fourth year, $284,000.

Compute 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".

Suppose that you want to short BUG’s outstanding ten-year, 5 percent coupon bond, but you can-not find anyone willing to lend you the bond (to short). Given that US Treasuries and CDS trade, you can create a short position in BUG’s bond by: Select one: a. going long a ten-year CDS on BUG and buying a ten-year US Treasury bond b. going long a ten-year CDS on BUG c. going long a ten-year CDS on BUG and shorting a ten-year US Treasury bond d. going short a ten-year CDS on BUG e. going short a ten-year CDS on BUG and shorting a ten-year US Treasury bond

Assume monetary benefits of an information system of $50,000 the first year and increasing benefits of $5,000 a year for the next four years (year 1 = 50,000; year 2- 55,000; year 3 = 60,000; year 4 = 65,000; year 5 – 70,000). One-time development costs were $90,000 and recurring costs beginning in year 1 were $40,000 over the duration of the system’s life. The discount rate for the company was 10 percent. Using a 5-year horizon, calculate the net present value of these costs and benefits. Also calculate the overall return on investment of the project and then present a break-even analysis. At what point does break-even occur?

You must use formula MS Excel for your calculations in the worksheet

Lightfoot Inc., a software development firm, has stock outstanding as follows: 41,900 shares of cumulative 1% preferred stock, $130 par, and 100,000 shares of $145 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $32,800; second year, $58,400; third year, $73,100; fourth year, $124,300.

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".

Prime Financial Inc. is evaluating two capital investment proposals for a drive-up ATM kiosk, each requiring an investment of $100,000 and each with an eight-year life and expected total net cash flows of $200,000. Location 1 is expected to provide equal annual net cash flows of $25,000, and Location 2 is expected to have the following unequal annual net cash flows:

Determine the cash payback period for both location proposals.