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Beagle Corporation has 25.000 shares of $10 par common stock outstanding and 18.000 shares of $100 par. 6.25% cumulative, nonpartlcipating preferred stock outstanding. Dividends have
Beagle Corporation has 25.000 shares of $10 par common stock outstanding and 18.000 shares of $100 par. 6.25% cumulative, nonpartlcipating preferred stock outstanding. Dividends have not been paid for the past two years. This year, a $460,000 dividend will be paid. What are the dividends per share payable to preferred and common, respectively? $18.75: $4.90. None of these answer choices is correct. $6.25: $4.90. $6.25: $12.50
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