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D Question 16 0.5 pts Cantaloupe Corporation has 17,000 shares of 20%, $50 par cumulative preferred stock outstanding and 31,000 shares of no-par common stock

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D Question 16 0.5 pts Cantaloupe Corporation has 17,000 shares of 20%, $50 par cumulative preferred stock outstanding and 31,000 shares of no-par common stock outstanding. Preferred dividends of $34,500 are in arrears. At the end of the current year, the corporation declares a dividend of $224,000. What is the dividend per share for preferred stock and for common stock (Round your answer to the nearest cent.) The dividend per share is $12,03 for preferred stock and $0.63 per share for common stock The dividend per share is $5.00 for preferred stock and $7.58 per share for common stock The dividend per share is $13.18 for preferred stock and 50 per share for common stock The dividend per share is $13.18 for preferred stock and 50.63 per share for common stock Next Previous

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