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What is the dividend per share for preferred shares and for

how do I work this problem? 10,000 shares of 10%, $100 par noncumulative preferred stock outstanding and 20,000 shares of no-par common stock outstanding. At the end of the current year, the corporation declares a dividend of $120,000. What is the dividend per share for preferred shares and for common shares?

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Accounting Basics: What is the dividend per share for preferred shares and for

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