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A corporation has 16,000 $4.00 preferred shares outstanding with a stated value of $2.100,000. Also, there are 16,000 common shares outstanding. If a S450,000 dividend
A corporation has 16,000 $4.00 preferred shares outstanding with a stated value of $2.100,000. Also, there are 16,000 common shares outstanding. If a S450,000 dividend is paid, what is the amount of dividends per share on common shares? OA. $24.13 OB. S22.50 O C. $20.13 O D. $4.00 OE. None of the above
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