Question
Laurier Inc. has the following shares outstanding 2000 Common shares outstanding 1100 Preferred shares outstanding, cumulative, with 2 years of outstanding dividends in addition
Laurier Inc. has the following shares outstanding 2000 Common shares outstanding 1100 Preferred shares outstanding, cumulative, with 2 years of outstanding dividends in addition to the current year. The preferred shares pay dividends of $ 0.50 per share per year. During the current year, a dividend of $ 7600 was declared. How much would the common shareholder's receive per share. Round your answer to the nearest cent. ie. 0.26 Laurier Inc. has the following shares outstanding 2000 Common shares outstanding 1100 Preferred shares outstanding, cumulative, with 2 years of outstanding dividends in addition to the current year. The preferred shares pay dividends of $ 0.50 per share per year. During the current year, a dividend of $ 7600 was declared. How much would the common shareholder's receive per share. Round your answer to the nearest cent. ie. 0.26
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