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film/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&kin... eBook Show Me How Dividend Allocations Situation 1 Nguyen Company has the following stock outstanding: Common Stock Preferred Stock 65,100 shares 5,700 shares $1
film/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&kin... eBook Show Me How Dividend Allocations Situation 1 Nguyen Company has the following stock outstanding: Common Stock Preferred Stock 65,100 shares 5,700 shares $1 par value $60 par, $4 dividend The amount available for dividends this year is $63,813. Prepare the dividend allocation between the preferred and common shares in total and per share. If requir decimal places. Nguyen Company Dividend Allocation Total amount available for dividends Dividends to preferred stock: 5,700 shares Amount avalable for common stock Dividends per share: Preferred stock common stock
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