Reference no: EM133163306

Question - Dividends Per Share - Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,300 shares of cumulative preferred 3% stock, $15 par, and 398,700 shares of $27 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $56,900; second year, $76,200; third year, $80,400; fourth year, $99,200. Calculate the dividends per share on each class of stock for each of the four years.