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Common stock with 50 par value outstanding the amount of

A company declares a dividend of $100,000 when there are 10,000 shares of $3 preferred stock outstanding. 10,000 shares of 4% preferred stock with a $100 par value and 10,000 shares of common stock with $50 par value outstanding. The amount of dividend per each share of common stock is?

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Accounting Basics: Common stock with 50 par value outstanding the amount of

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