Pug Corporation has 10,000 shares of $10 par common stock outstanding and 20,000 shares of $100 par,6% noncumulative,nonparticipating preferred stock outstanding.Dividends have not been paid for the past two years.This year,a $150,000 dividend will be paid.What are the dividends per share for preferred and common,respectively?

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The Answer of Pug Corporation has 10,000 shares of $10 par common stock outstanding and 20,000 shares of $100 par,6% noncumulative,nonparticipating preferred stock outstanding.Dividends have not been paid for the past two years.This year,a $150,000 dividend will be paid.What are the dividends per share for preferred and common,respectively?

Pug Corporation Has 10,000 Shares of $10 Par Common Stock