Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 23,000 shares of cumulative preferred 2% stock, $120 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, $37,030; second year, $83,370; third year, $111,160, fourth year, $149,140. Show Me How 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. Preferred stock (dividend per share) Common stock (dividend per share) 1st Year 2nd Year 3rd Year 4th Year
Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 23,000 shares of cumulative preferred 2% stock, $120 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, $37,030; second year, $83,370; third year, $111,160, fourth year, $149,140. Show Me How 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. Preferred stock (dividend per share) Common stock (dividend per share) 1st Year 2nd Year 3rd Year 4th Year
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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