Question

URL- A nmentSessionLocator&inprogress=false elock Show Me How Calculator Printem Dividends Per Share ng h e r of radiology equipment, has stock outstanding as follows: 25,000 shares of cumulative preferred 2% stock, $150 and 89,000 shares of $15 por common ats first four years of operations, the amounts were distributed as dividends: first year, $50,250; second year, $109,750; third year, $148,990; fourth year $197,010. Co te the dividends per share on eaches of stock fot each of the four years. Round all answers to two decimal places. If no dividends are paid in a given yeacenter "o". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) 2.01 Common stock (dividend per share) $ 1.47 Feedback Check My Work is the preferred stock cumulative or non-cumulative stock? Determine what amount of current dividends that preferred stock should receive per year. Is the question asking for a per share amount or total amount per dass of stock? Check My Work Next > Ernstractor Save and Exit Submit Assignment for Grade

Answer 1

Imaging Inc. Requirement a Total Dividend declared Preferred Dividend (Current) Preferred Dividend in arrears Total Preferred Dividends Preferred shares outstanding Preferred Dividend per share 1st Year 2nd Year 3rd Year 4th Year 50250 109750 148990 197010 50250 75000 75000 75000 0 24750 0 50250 99750 75000 75000 25000 25000 25000 25000 2.01 3.99 33 109750 - 24750 = 85000 0 Dividend for Common Shares Common Shares Outstanding Common Dividend per share 10000 83000 0.12 73990 83000 0.89 122010 83000 1.47