Homework Answers
Preferred dividends per year = 600 * 0.20 = 120 per year
Dividends available for common shareholders
= 6200 - Last year preferred dividend - Current year preferred dividend
= 6200 - 120 - 120 = 5,960
Amount common shareholders receive per share
= 5,960/2500
= 2.38
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1 Question 16 | 1 point) Laste he has the following shares outstanding 2500 Common shares...
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