A corporation has 15000 shares of 10 50 par noncumulative

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A corporation has 15,000 shares of 10%, $50 par, noncumulative preferred stock outstanding and 25,000 shares of no-par common stock outstanding. No dividends were declared in 2008. At the end of 2009, the corporation declares a dividend of $150000. What is the dividend per share for preferred shares and for common shares?

Reference no: EM13578922

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