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Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 13,000 shares of cumulativ

Posted: Sun Jul 03, 2022 3:58 pm
by answerhappygod
Internal Insights Inc., a developer of radiology equipment,has stock outstanding as follows: 13,000 shares ofcumulative preferred 3% stock, $140 par, and 43,000 shares of$5 par common. During its first four years of operations, thefollowing amounts were distributed as dividends: first year,$36,530; second year, $82,670; third year, $103,960; fourth year,$131,140.
Compute the dividend per share on each class of stock for eachof the four years. Round all answers to two decimalplaces. If no dividends are paid in a given year,leave it blank.