Michelangelo inc a software development firm has stock

Reference no: EM13610560

Michelangelo Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative 4%, preferred stock of $25 par, and 31,000 shares of $75 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $9,500; second year, $13,250; third year, $80,770; fourth year, $122,030. Calculate the dividends per share on each class of stock for each of the four years. Round all answers to the nearest cent. If no dividends are paid in a given year, enter "0".

Reference no: EM13610560

Questions Cloud

Project management dear sirmadamplease find the enclosed : dear sirmadam ltbrgt ltbrgtplease find the enclosed file question paper. kindly send me answer sheet asap. ltbrgt

The collector transfers heat by natural convection to the : a flat plate solar collector 6 ft by 12 ft is mounted on the roof of a house. the outer surface of the collector is at

Determine the change in the internal energy of the system : nitrogen at 100c and 600 kpa expands in such a way that it can be approximated by a polytropic process with n 1.2.

Kendrick corporation was organized on january 2 2011 during : kendrick corporation was organized on january 2 2011. during 2011 kendrick issued 20000 shares at 24 per share

Michelangelo inc a software development firm has stock : michelangelo inc. a software development firm has stock outstanding as follows 25000 shares of cumulative 4 preferred

100 lb of fluid food is heated by addition of 10000 btu of : 100 lb of fluid food is heated by addition of 10000 btu of energy. if the food has initial temperature of 40degf and

The alpenrose milk company uses a perpetual inventory : the alpenrose milk company uses a perpetual inventory system. the following transactions affected its merchandise

It is agreed that the land is to be priced at 200000 and : fantastic sounds corp. an electric guitar retailer was organized by pam mikhail jane lo and dale nadal. the charter

An entomologist writes an article in a scientific journal : an entomologist writes an article in a scientific journal which claims that fewer than 20 in ten thousand male

User Account

All Pages