Reference no: EM13863569
Triple Z Inc., a developer of radiology equipment, has stock outstanding as follows: 12,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $27,000; second year, $60,000; third year, $80,000; fourth year, $90,000.
Calculate 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".
Find: 1st Year 2nd year 3rd Year 4th Year
Preferred stock (dividend per share):
Common stock (dividend per share):
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: Triple Z Inc., a developer of radiology equipment, has stock outstanding as follows: 12,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $10 par common. Calculate the dividends per share on each class of stock for each of th..
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