Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 16,000 shares of cumulative preferred 1% stock, $140 par, and 53,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $15,040, second year, $39,760; third year, $56,800; fourth year, $92,890. Compute the dividend 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, leave it blank. 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) 0.94 Common stock (dividend per share)
Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 16,000 shares of cumulative preferred 1% stock, $140 par, and 53,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $15,040, second year, $39,760; third year, $56,800; fourth year, $92,890. Compute the dividend 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, leave it blank. 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) 0.94 Common stock (dividend per share)
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 12RE: Given the following year-end information, compute Greenwood Corporations basic and diluted earnings...
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![Dividends Per Share
Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 16,000 shares of cumulative preferred 1% stock, $140 par, and
53,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $15,040, second
year, $39,760; third year, $56,800; fourth year, $92,890.
Compute the dividend 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, leave it blank.
1st Year
2nd Year
3rd Year
4th Year
Preferred stock (dividend per share)
0.94
Common stock (dividend per share)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb6d378e0-d7dd-4c33-abb6-4fe8dd76b30b%2Ffd3e511e-0554-4d12-a66d-f3ca35c34cbc%2Fvkug19q_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Dividends Per Share
Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 16,000 shares of cumulative preferred 1% stock, $140 par, and
53,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $15,040, second
year, $39,760; third year, $56,800; fourth year, $92,890.
Compute the dividend 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, leave it blank.
1st Year
2nd Year
3rd Year
4th Year
Preferred stock (dividend per share)
0.94
Common stock (dividend per share)
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