Didends Per Share Seventy-Two inc, a developer of radiogy equament, 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 atends: frst year, $31,000; second year, 576,000; third year, $80,000; fourth year, $120,000 Decermine the ordents per share on each dass et stade for each of the four years. Round all answers to two decimal places. Y no credents are paid in a given year, enter".00 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) Commons (Ovidends per share)
Didends Per Share Seventy-Two inc, a developer of radiogy equament, 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 atends: frst year, $31,000; second year, 576,000; third year, $80,000; fourth year, $120,000 Decermine the ordents per share on each dass et stade for each of the four years. Round all answers to two decimal places. Y no credents are paid in a given year, enter".00 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) Commons (Ovidends per share)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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100%
Didends Per Share
Seventy-Two inc, a developer of radiogy equament, 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 atends: frst year, $31,000; second year, 576,000; third year, $80,000; fourth
year, $120,000
Decermine the ordents per share on each dass et stade for each of the four years. Round all answers to two decimal places. Y no credents are paid in a given
year, enter".00
1st Year
2nd Year
3rd Year
4th Year
Preferred stock (dividends per share)
Commons (Ovidends per share)
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