Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 10,000 shares of cumulative preferred 4% stock, $140 par, and 33,000 shares of $25 par...


Dividends Per Share<br>Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 10,000 shares of cumulative preferred 4% stock,<br>$140 par, and 33,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends:<br>first year, $37,500; second year, $84,500; third year, $92,260; fourth year, $94,610.<br>Compute the dividend per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends<br>are paid in a given year, leave it blank.<br>1st Year<br>2nd Year<br>3rd Year<br>4th Year<br>Preferred stock (dividend per share)<br>$<br>$<br>Common stock (dividend per share)<br>$<br>

Extracted text: Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 10,000 shares of cumulative preferred 4% stock, $140 par, and 33,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $37,500; second year, $84,500; third year, $92,260; fourth year, $94,610. 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) $ $ Common stock (dividend per share) $

Jun 10, 2022
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