Module 6 Problem Set eBook Show Me How 1. BE. 12.06.ALGO Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 70,000 shares of cumulative preferred 3% stock, $20 par and 405,000 shares of $25 par common. 2. BE. 12.01.ALGO During its first four years of operations, the following amounts were distributed as dividends: first year, $32,000; second year, $76,000; third year, $80,000; fourth year, $100,000. 3. BE. 12.07 Determine 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 "0.00". 4. EX. 12.01.ALGO 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) $42,000 X 5. BE. 12.08.ALGO Common stock (dividends per share) 6. BE. 12.03.ALGO Feedback 7. EX. 11.01 Check My Work 8. BE. 11.07 Is the preferred stock cumulative or non-cumulative stock? Determine what amount of current dividends that preferred stock should receive per year. Is the question asking for a per-share amount or total amount per class of stock? Progress: 4/8 items Check My Work Previous Next Assignment Score: 79.17% All work saved. Email Instructor Save and Exit Submit Assignment for Grading