1st Year | 2nd Year | 3rd Year | 4th Year | |
Preferred stock | $ 1.74 | $ 3.46 | $ 2.60 | $ 2.60 |
Common stock | $ - | $ 0.13 | $ 0.87 | $ 1.56 |
Working
Par Value per Preferred share | Dividend rate | Dividend per preffred share | Number of preffered shares | Preffered Dividend | |
Annual Prefrred Dividend: | 130 | 2.00% | $ 2.60 | 23000 | $ 59,800.00 |
Total Cash dividend Paid | Paid to Preferred | Paid to common | Dividends in arear at year-end | ||
Year 1 | $ 40,020.00 | $ 40,020.00 | $ 0 | $ 19,780 | |
Year 2 | $ 89,580.00 | $ 79,580.00 | $ 10,000 | -$ 34,580 | |
Year 3 | $ 126,840.00 | $ 59,800.00 | $ 67,040 | ||
4th Year | $ 179,920.00 | $ 59,800.00 | $ 120,120 |
Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 23,000...
Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 23,000 shares of cumulative preferred 3% stock, $140 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, $64,630; second year, $138,570; third year, $172,200; fourth year, $199,010, Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places....
Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 23,000 shares of cumulative preferred 4% stock, $130 par, and 77,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $80,040; second year, $169,160; third year, $202,090; fourth year, $215,850. Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places....
Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 21,000 shares of cumulative preferred 1% stock, $110 par, and 70,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $15,540; second year, $40,660; third year, $79,240; fourth year, $153,300. Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places....
Dividends Per Share Imaging Inc, a developer of radiology equipment, has stock outstanding as follows: 25,000 shares of cumulative preferred 3% stock, $150 par, and 89,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $75,500; second year, $159,500; third year, $202,900; fourth year, $239,490. Compute the dividends per share on each dass of stock for each of the four years. Round all answers to two decimal places....
Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 20,000 shares of cumulative preferred 4% stock, $160 par, and 67,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $85,800; second year, $180,200; third year, $208,010; fourth year, $208,400. Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places....
tem Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 24,000 shares of cumulative preferred 1% stock, $160 par, and 80,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $25,680; second year, $61,120; third year, $98,560; fourth year, $163,200. Compute the dividends per share on each dass of stock for each of the four years. Round all answers to two decimal...
Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 19,000 shares of cumulative preferred 3% stock, $120 par, and 63,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $45,790; second year, $101,010; third year, $136,710; fourth year, $182,430. Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places....
Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 12,000 shares of cumulative preferred 4% stock, $150 par, and 40,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $48,240; second year, $105,760; third year, $127,600; fourth year, $146,400. Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places....
Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 24,000 shares of cumulative preferred 2% stock, $150 par, and 80,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $48,240; second year, $105,760; third year, $138,400; fourth year, $176,800. Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places....
Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 19,000 shares of cumulative preferred 2% stock, $130 par, and 63,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $33,060; second year, $75,740; third year, $104,440; fourth year, $147,680. Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places....