What amount will be paid on each share of common stock


International grocer corporation has outstanding 20,000 shares of noncumulative, 10 percent, $100 par-value preferred stock and 62,500 shares of no-par-value common stock.During 2010, the corporation paid dividends of $180,000. What amount will be paid on each share of preferred stock? What amount will be paid on each share of common stock?

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Accounting Basics: What amount will be paid on each share of common stock
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