On November 23, 2023, the board of directors of Walker Bros Transportation Company voted to distribute $4,360,000 to the firm's stockhold If the firm has issued 75,000 shares of 4% preferred stock with a par value of $50 and 2.280,000 shares of common stock outstanding, calc (Round all answers to the nearest cent.) 1. Dividend per share of preferred stock: 2. Dividend per share of common stock: SL $0 X S

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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On November 23, 2023, the board of directors of Walker Bros Transportation Company voted to distribute $4,360,000 to the firm's stockhold
If the firm has issued 75,000 shares of 4% preferred stock with a par value of $50 and 2.280,000 shares of common stock outstanding, calc
(Round all answers to the nearest cent.)
1. Dividend per share of preferred stock:
2. Dividend per share of common stock:
SA
SO
X
Transcribed Image Text:On November 23, 2023, the board of directors of Walker Bros Transportation Company voted to distribute $4,360,000 to the firm's stockhold If the firm has issued 75,000 shares of 4% preferred stock with a par value of $50 and 2.280,000 shares of common stock outstanding, calc (Round all answers to the nearest cent.) 1. Dividend per share of preferred stock: 2. Dividend per share of common stock: SA SO X
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