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Business, 05.05.2020 22:32 weeblordd

Lightfoot Inc., a software development firm, has stock outstanding as follows: 40,000 shares of cumulative preferred 1% stock, $125 par, and 100,000 shares of $150 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $36,000; second year, $58,000; third year, $75,000; fourth year, $124,000.Calculate 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". 1st Year 2nd Year 3rd Year 4th YearPreferred stock (dividend per share) $ $ $ $Common stock (dividend per share) $ $ $ $

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Lightfoot Inc., a software development firm, has stock outstanding as follows: 40,000 shares of cumu...
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