Mathematics, 12.05.2021 02:20 860jay

Stock dividends On May 6, 2020, the board of directors of Walker Bros Transportation Company voted to distribute $3,600,000 to the firm's stockholders.
If the firm has issued 50,000 shares of 6% 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.)
Х
5
?
1. Dividend per share of preferred stock:
2. Dividend per share of common stock:

Answers: 2

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Stock dividends On May 6, 2020, the board of directors of Walker Bros Transportation Company voted...