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Wallace Inc., adeveloper of radiology equipment, has stock outstanding as follows:30,000 shares of cumulative preferred 2% stock, $90 parand 125,000shares of $10 par common. During its first four years ofoperations, the following amounts were distributed as dividends:first year, $24,000; second year, $81,000; third year, $92,000;fourth year, $139,000.
Calculate thedividends per share on each class of stock for each of the fouryears. Round all answers to two decimal places. If no dividends arepaid in a given year, enter "0".
1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend pershare) $ $ $ $ Common stock (dividend pershare) $ $ $ $
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Wallace Inc., adeveloper of radiology equipment, has stock outstanding as follows:30,000 shares of cumulative preferred 2% stock, $90 parand 125,000shares of $10 par common. During its first four years ofoperations, the following amounts were distributed as dividends:first year, $24,000; second year, $81,000; third year, $92,000;fourth year, $139,000.
Calculate thedividends per share on each class of stock for each of the fouryears. Round all answers to two decimal places. If no dividends arepaid in a given year, enter "0".
| 1st Year | 2nd Year | 3rd Year | 4th Year | |
| Preferred stock (dividend pershare) | $ | $ | $ | $ |
| Common stock (dividend pershare) | $ | $ | $ | $ |
Related questions
Dividends Per Share
Fairmount Inc., a developer of radiology equipment, has stockoutstanding as follows: 14,000 shares of cumulative preferred 1%stock, $110 par, and 47,000 shares of $5 par common. During itsfirst four years of operations, the following amounts weredistributed as dividends: first year, $10,360; second year,$14,280; third year, $46,000; fourth year, $83,550.
Calculate the dividends per share on each class of stock foreach of the four years. Round all answers to two decimal places. Ifno dividends are paid in a given year, enter "0".
| 1st Year | 2nd Year | 3rd Year | 4th Year | |
| Preferred stock (dividend pershare) | $ | $ | $ | $ |
| Common stock (dividend pershare) | $ | $ | $ | $ |
Please teach me how to do this I do not understand at all
Dividends Per Share
Fairmount Inc., a developer of radiology equipment, has stock outstanding as follows: 11,000 shares of cumulative preferred 1% stock, $140 par, and 37,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $10,340; second year, $14,300; third year, $46,350; fourth year, $84,220.
Calculate the dividends 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, enter "0".
| 1st Year | 2nd Year | 3rd Year | 4th Year | |
| Preferred stock (dividend per share) | $ | $ | $ | $ |
| Common stock (dividend per share) | $ | $ | $ | $ |
Imaging Inc., a developer of radiology equipment, has stockoutstanding as follows: 24,000 shares of cumulative preferred 4%stock, $150 par, and 80,000 shares of $10 par common. During itsfirst four years of operations, the following amounts weredistributed as dividends: first year, $96,480; second year,$201,520; third year, $252,000; fourth year, $284,000.
Compute the dividends per share on each class of stock for eachof the four years. Round all answers to two decimal places. If nodividends are paid in a given year, enter "0".
| 1st Year | 2nd Year | 3rd Year | 4th Year | |
| Preferred stock (dividend per share) | $ | $ | $ | $ |
| Common stock (dividend per share) | $ | $ | $ | $ |
