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Mathematics, 18.10.2020 15:01 marcgtz511p3pln7

On May 25, 15, the board of directors of Peterson Manufacturing voted to distribute $2,940,000 to the firm's stockholders. If the firm has issued 75,000 shares of 5% preferred stock with a par value of $10 and 2,000,000 shares of common stock outstanding, calculate the
following. (Round all answers to the nearest cent.)
Dividend per share preferred stock=
Dividend per share common stock=

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On May 25, 15, the board of directors of Peterson Manufacturing voted to distribute $2,940,000 to th...

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