When March Green Products Ltd. started their business they issued 150,000 common shares and 10,000,...
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Accounting
When March Green Products Ltd. started their business they issued 150,000 common shares and 10,000, $3 noncumulative preferred shares. Their first declaration of dividends happened in Year 4 of operations, and was for $270,000. What was the per unit dividend received by the common shareholders? Select answer from the options below $1.60 $0.80 $0.625 $1.00
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