Reference no: EM133018383

Question - Dividends Per Share - Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 17,000 shares of cumulative preferred 2% stock, $140 par, and 57,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $31,960; second year, $73,240; third year, $101,410; fourth year, $144,500. Compute the dividend per share on each class of stock for each of the four years.