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On June 19, 2022, the board of directors of Thompson & Thompson Builders voted to distribute $3,920,000 to the firm's stockholders. If the firm has

On June 19, 2022, the board of directors of Thompson & Thompson Builders voted to distribute $3,920,000 to the firm's stockholders. If the firm has issued 200,000 shares of 6% preferred stock with a par value of $10 and 2,340,000 shares of common stock outstanding, calculate the following. (Round all answers to the nearest cent.) 1. Dividend per share of preferred stock: 2. Dividend per share of common stock:
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On June 19, 2022, the board of directors of Thompson s. Thompson Bulders voted to distribute $3,920,000 to the firm's stockholders. If the firm has issued 200,000 shares of 6% preferred stock with a par value of $10 and 2,340,000 shares of common stock outstanding, calculate the following. (Round all answers to the nearest cent.)

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