Question: problem 20(want text answer only). F. Drake. Inc. has 1,000,000 shares with Dividends $3.20 cumulative Preferred Stocks and 4,000,000 Common Stock Shares. After 1 year

problem 20(want text answer only). F. Drake. Inc. has 1,000,000 shares

problem 20(want text answer only). F. Drake. Inc. has 1,000,000 shares with Dividends $3.20 cumulative Preferred Stocks and 4,000,000 Common Stock Shares. After 1 year in arrears, F. Drake Inc. declared $8,200,000 in dividends. What is the preferred stock dividend per share

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