Dividends Per Share ughtfoot the, a software development form, has stock outstanding as follows: 10,000 shares of cumulative preferred 4 stock, $20 par, and 13,000 shares of $100 par comenon. During its first four years operations, the following amounts were distributed as dividends: first year, $3,000; second year, $5,000; third year, $27.570; fourth year, $47,390, Calculate 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 et blank 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dvidend per share) Common stock (dividend per share)

Dividends Per Share ughtfoot the, a software development form, has stock outstanding as follows: 10,000 shares of cumulative preferred 4 stock, $20 par, and 13,000 shares of $100 par comenon. During its first four years operations, the following amounts were distributed as dividends: first year, $3,000; second year, $5,000; third year, $27.570; fourth year, $47,390, Calculate 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 et blank 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dvidend per share) Common stock (dividend per share)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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