Reinhardt Furniture Company has 40,000 shares of cumulative preferred 2% stock, $150 par and 100,000 shares of $5 par common sto

Question

3 years ago

15

Reinhardt Furniture Company has 40,000 shares of cumulative preferred 2% stock, $150 par and 100,000 shares of $5 par common sto

ck. The following amounts were distributed as dividends:Year 1 $70,000Year 2 200,000Year 3 320,000Determine the dividends per share for preferred and common stock for each year. If an answer is zero, enter '0'. Round all answers to two decimal places.

Business

1 answer:

OverLord2011 [107] · Answer 1 · 2022-06-29T17:08:08+03:00

OverLord2011 [107]3 years ago

6 0

Answer:

20

Explanation:

ok boomer