mamasbug7429 mamasbug7429

21-12-2022
Business

Answered

sunny company has 50,000 shares of $100 par value, 4% cumulative preferred stock and 150,000 shares of $10 par value common stock. sunny declares and pays cash dividends amounting to $470,000. if no arrearage on the preferred stock exists, how much in dividends per share is paid to the common stockholders?

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