How much of a dividend will you receive

Reference no: EM131947190

Question: The board of directors has authorized $292,000 to be distributed to its stockholders as an annual dividend. You own 100 of the 8,000 shares of common stock which are outstanding. If there are also 2,000 shares of 6%, $100 par preferred stock outstanding, how much of a dividend will you receive.

Reference no: EM131947190

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