a corporation has 100,000 shares of 4% preferred stock outstanding. also, there are 100,000 shares...
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Accounting
a corporation has 100,000 shares of 4% preferred stock outstanding. also, there are 100,000 shares of common stock outstanding. par value for each is $100. if an $825000 dividend is paid, what is the amount of dividends per share on common stock?A) $8.25 B) $4.25 C) $4.33 D) $0.33 E) None of these
A) $8.25
B) $4.25
C) $4.33
D) $0.33
E) None of these
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