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Question 14 0.5 pts Apricot Corporation has 10,000 shares of 11%, $109 par noncumulative preferred stock outstanding and 24.000 shares of no par common stock

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Question 14 0.5 pts Apricot Corporation has 10,000 shares of 11%, $109 par noncumulative preferred stock outstanding and 24.000 shares of no par common stock outstanding. At the end of the current year, the corporation declares a dividend of 5220,000. 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 $11.99 to preferred stock and $41to common stock The dividend per share is $11.99 to preferred stock and $24.22 to common stock The dividend per share is $11.99 to preferred stock and $11.99 to common stock The dividend per share is $8.46 to preferred stock and $4.17 to common stock Next Previous 0 m Submit Quiz

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