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azariah7
azariah7
24.07.2019 • 
Mathematics

The brick corporation pays its cumulative preferred stockholders $1.95 per share. there are 40,000 shares of preferred stock and 80,000 shares of common stock. in 2001, 2002, and 2003, brick corporation did not declare a dividend. in 2004, the board of directors declared a $600,000.00 dividend. what is the amount that the common shareholder will receive per share?

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