Asked by Abby
One company has $200,000 to distribute in dividends. There are 21,000 shares of preferred stock that earn dividends at $0.70 per share and 80,000 shares of common stock. How much money goes to preferred stockholders?
Answers
Answered by
Reiny
done by Ms Sue
http://www.jiskha.com/display.cgi?id=1386993323
http://www.jiskha.com/display.cgi?id=1386993323
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.