Triple Z Inc., a developer of radiology equipment, has stock outstanding as follows: shares of c… 1 answer below »

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Show transcribed image text Triple Z Inc., a developer of radiology equipment, has stock outstanding as follows: shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $10 par During its first four years of operations, the following amounts were distributed as divide first year, $27,000; second year, $60,000; third year, $80,000; fourth year, $90,000. Calculate dividends per share on each class of stock for each of the four years.

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