"greg's grocery, inc. has 48,000 shares of common stock outstanding and 5,000 shares of preferred stock outstanding. the common stock is $5.00 par value; the preferred stock is 8% noncumulative with a $100.00 par value. on october 15, 2017, the company declares a total dividend payment of $57,000. what is the amount of dividend that will be paid for each share of common stock? (round your answer to the nearest cent.)"
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Category: geography |
Author: Sagi Boris
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