Common stockholders will receive a dividend


A corporation has 1,000 shares of 10 percent, $50 par-value preferred stock and 10,000 shares of $5 par-value common stock outstanding. If the board of the directors decides to distribute dividends totaling $40,000, the common stockholders will receive a dividend of __________ a share.

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Accounting Basics: Common stockholders will receive a dividend
Reference No:- TGS075237

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