Calculate development cost, Cost Accounting

Candler Inc a computer software development firm has stock outstanding as follows: 40,000 shares of $2 nonparticipating, noncumulative preferred stock of $10 par, and 250,000 shares of $50 par common. During its first five years of operations, the following amounts were distributed as dividends, first year, none; second year, $30,000, third year $90,000; 4th year $200,000 fifth year $240,000. calculate the dividends per share on each class of the five years

It would be greatly appreciated if you could show formulas of how to get this because I am extremely confused and do not know where to begin

 

Posted Date: 2/18/2014 3:13:33 AM | Location : United States







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