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521. Car company has issues 75,000 of $1 par, 6% cumulative preffered stock. preferred dividends are 3 years in arrears. Car company has 200,000 shares

521. Car company has issues 75,000 of $1 par, 6% cumulative preffered stock. preferred dividends are 3 years in arrears. Car company has 200,000 shares of $0.50 par common stock issued and 50,000 shares of treasury stock. Total dividends declared in currebt year are $240,000. what is dividend per share the common stockholders will receive ?

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