Dividends per share Lightfoot Inc
Please help by giving step by step directions on how to break down this problem
Lightfoot Inc firm, has stock outstanding as follows: 10,000 shares of cumulative preferred 2% stock, $25 par, and 13,000 shares of $50 par common. Year 1, $1,900; year 2, $3,200; year 3, $19,260; year 4, $36,850.
I need to calculate the dividends per share on each class of stock for each of the four yes.
Preferred stock(dividends per share) year 1 ,year 2, year 3, year 4.
Common stock (dividend per share) year 1, year 2, year 3, year 4.
Please help me solve and please show steps. Thank you
Homework Answers
dear student, please refer to the question https://www.homeworklib.com/question/1535504/dividends-per-share-lightfoot-inc-a-software
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