Flanders, Inc. has 20,000 shares of preferred stock outstanding, with annual dividends paid at a rate of $2 per share. Flanders also has 40,000 shares of common stock outstanding. If Flanders, Inc. declares a $200,000 dividend, each outstanding share of common stock would receive:

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The Answer of Flanders, Inc. has 20,000 shares of preferred stock outstanding, with annual dividends paid at a rate of $2 per share. Flanders also has 40,000 shares of common stock outstanding. If Flanders, Inc. declares a $200,000 dividend, each outstanding share of common stock would receive: