Compute the dividends per share on each class of stock

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Question - Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 19,000 shares of cumulative preferred 1% stock, $160 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, $20,330; second year, $50,470; third year, $70,910; fourth year, $109,150.

Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0".

Reference no: EM132429408

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