Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 15,000 shares of cumulative preferred 3% stock, $120 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, $36,150; second year, $81,850; third year, $109,100; fourth year, $147,000. Compute the dividend per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividend are paid in a given year, leave it blank. Preferred stock (dividend per share) Common stock (dividend per share) 1st Year 2nd Year 3rd Year 4th Year

Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 15,000 shares of cumulative preferred 3% stock, $120 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, $36,150; second year, $81,850; third year, $109,100; fourth year, $147,000. Compute the dividend per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividend are paid in a given year, leave it blank. Preferred stock (dividend per share) Common stock (dividend per share) 1st Year 2nd Year 3rd Year 4th Year

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter16: Retained Earnings And Earnings Per Share

Section: Chapter Questions

Problem 12RE: Given the following year-end information, compute Greenwood Corporations basic and diluted earnings...

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Brunleigh Corporation earned net income of $200,000 this year. The company began the year with 10,000 shares of common stock and issued 5,000 more on April 1. They issued $7,500 in preferred dividends for the year. What is Brunleigh Corporations weighted average number of shares for the year?
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