Dividends Per Share
Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 19,000 shares of cumulative preferred 1% stock, $130 par, and 63,000 shares of $15 par common.
During its first four years of operations, the following amounts were distributed as dividends:
First year, $16,530
Second year, $42,870
Third year, $68,600
Fourth year, $119,200.
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".
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