e board of directors of a human resources outsourcing company has declared a dividend of $4,000,000. The company has 900,000 shares of preferred stock that pay $0.60 per share and 1,700,000 shares of common stock. A-what are the dividends in $ do the preferred shareholders?  B-what is the dividend per share in $ of common stock round your answer to the nea
e board of directors of a human resources outsourcing company has declared a dividend of $4,000,000. The company has 900,000 shares of preferred stock that pay $0.60 per share and 1,700,000 shares of common stock. A-what are the dividends in $ do the preferred shareholders?  B-what is the dividend per share in $ of common stock round your answer to the nea
Chapter15: Dividend Policy
Section: Chapter Questions
Problem 5P
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The board of directors of a human resources outsourcing company has declared a dividend of $4,000,000. The company has 900,000 shares of preferred stock that pay $0.60 per share and 1,700,000 shares of common stock.
A-what are the dividends in $ do the preferred shareholders?

B-what is the dividend per share in $ of common stock round your answer to the nearest cent.
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