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The capital stock of the Eisley Company consists of 450,000 shares of preferred stock and 4,500,000 shares of common stock. Last year, a dividend of
The capital stock of the Eisley Company consists of 450,000 shares of preferred stock and 4,500,000 shares of common stock. Last year, a dividend of $3.60 a share was declared on preferred stock and four quarterly dividends of $0.35 a share on common stock. How much was the total dividend for the year on each class of stock?
Preferred stock $
Common stock
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