the Arcadia company is liquidating. after paying off all its creditors the company has 2 million to distribute between its preferred stockholders and its common stockholders

Question 9 incorrect Mark 0.00 out of 2.00 P Flag question Allocating Liquidation Between Common Stockholders and Preferred Stockholders The Arcadia Company is liquidating. After paying off all of its creditors the company has $2 million to distribute between its preferred stockholders and its common stockholders. The aggregate par value of the preferred stock is $1.8 million and the aggregate par value of its common stock is $4 million. How much of the remaining 52 million assets should be distributed to the preferred stockholders and how much should be distributed to the common stockholders? Preferred stockholders $ 1.8 Common stockholders $ 0.2 X X Check