Question: Please answer this problem for me?..Thank you! slalements. Mega, Inc., has common and 6 percent preferred stock outstanding a 11.4 sent preferred stock outstanding as

Please answer this problem for me?..Thank you! slalements. Mega, Inc., has

Please answer this problem for me?..Thank you!

slalements. Mega, Inc., has common and 6 percent preferred stock outstanding a 11.4 sent preferred stock outstanding as follows. mon and Preferred stock: 10,000 shares, $100 par value, cumulative Common stock: 50,000 shares, $50 par value The company declares a total dividend of $225,000. If the divide year in arrears in addition to the current year), how will the total dividend be divided det common and preferred stock

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