(sulla to) Question Help Figurate Industries has 740,000 shares of cumulative preferred stock outstanding It...
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(sulla to) Question Help Figurate Industries has 740,000 shares of cumulative preferred stock outstanding It has passed the last three quarterly dividends of $180 per share and now at the end of the current quarter) wishes to distribute a total of $14 million to its shareholders of Figurate has 32 million shares of common stock outstanding, how large per share common stock dividend will it be able to pay? The per share common stock dividend Figurate will be able to pay is (Round to the nearest cent)
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