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' Incorrect Your answer is incorrect. - Dividend per share of preferred stock: Your answer is incorrect. - Dividend per share of common stock Your
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Incorrect Your answer is incorrect. - Dividend per share of preferred stock: Your answer is incorrect. - Dividend per share of common stock Your answer is incorrect. On August 6,2022 , the board of directors of Wisconsin Steelworks voted to distribute $1,920,000 to the firm's stockholders. If the firm has issued 100,000 shares of 4% preferred stock with a par value of $10 and 1,770,000 shares of common stock outstanding, caiculate the following. (Round all answers to the nearest cent.) 1. Dividend per share of preferred stock: 5 sood 2. Dividend per share of commen stock: 51.08 Step by Step Solution
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