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Business, 21.09.2019 04:30 dommalb

Seventy-two inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred 3% stock, $20 par and 400,000 shares of $25 par common. during its first four years of operations, the following amounts were distributed as dividends: first year, $36,000; second year, $72,000; third year, $80,000; fourth year, $100,000. determine the dividends per share on each class of stock for each of the four years.

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Seventy-two inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shar...
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