Firmount inc a developer of radiology equipment has stock

Reference no: EM13600877

Fairmount Inc., a developer of radiology equipment, has stock outstanding as follows: 23,000 shares of cumulative 4%, preferred stock of $150 par, and 77,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $92,460; second year, $128,340; third year, $233,240; fourth year, $249,650.

Calculate the dividends per share on each class of stock for each of the four years. Round all answers to the nearest cent. If no dividends are paid in a given year, enter "0".

1st Year 2nd Year 3rd Year 4th Year
Preferred
Common

Reference no: EM13600877

Questions Cloud

Compute the equivalent units of production for the first : he franc zeppo venture manufactures a product that goes through two processing departments. information relating to the

For this discussion you will research the minimum wage laws : for this discussion you will research the minimum wage laws. your response must include a discussion of both the

Changing from lifo to fifo over two accounting periods : changing from lifo to fifo over two accounting periods could be viewed as a violation of what account concept or

Duncan brooks needs to borrow 500000 to open new stores : duncan brooks needs to borrow 500000 to open new stores. brooks can borrow 500000 by issuing 5 10-year bonds at a price

Firmount inc a developer of radiology equipment has stock : fairmount inc. a developer of radiology equipment has stock outstanding as follows 23000 shares of cumulative 4

Conyers water inc bottles and distributes spring water on : conyers water inc. bottles and distributes spring water. on july 5 of the current year conyers water inc. reacquired

Martin corporation was organized on january 3 2007 martin : martin corporation was organized on january 3 2007. martin was authorized to issue 50000 shares of common stock with a

Citizens bank has several departments that occupy both : citizens bank has several departments that occupy both floors of a two-story building. the departmental accounting

Determine the following amounts after the stock dividend : organic health co. is an hmo for businesses in the chicago area. the following account balances appear on the balance

User Account

All Pages