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MC Qu. 84 LO 18-03, 18-07 Beagle Corporation has... Beagle Corporation has 20,000 shares of...

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Accounting

MC Qu. 84 LO 18-03, 18-07 Beagle Corporation has... Beagle Corporation has 20,000 shares of $10 par common stock outstanding and 12,000 shares of $100 par, 5.75% cumulative, nonparticipating preferred stock outstanding. Dividends have not been paid for the past two years. This year, a $340,000 dividend will be paid. What are the dividends per share payable to preferred and common, respectively? A) $17.25; $6.65

B) None of the above is correct. C) $5.75; $11.50 D) $5.75; $6.65

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