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7 0 . Bill's Fruit Wholesaler's Inc. declares $ 2 0 0 , 0 0 0 in dividends. It has outstanding 1 5 0 ,
Bill's Fruit Wholesaler's Inc. declares $ in dividends. It has outstanding shares of $ par preferred stock noncumulative and nonparticipating and shares of $ par common stock. The market price per share of the preferred stock is $ and the market price per share of the common stock is $ What will be the dividend per share on preferred and common stock rounded to the penny
Preferred stock
Common stock
a
$
$
b
$
$
$
$
d
$
$
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