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Author Question: Janus Associates, Inc has 325,000 shares of 100 par value, 6 cumulative preferred stock and ... (Read 58 times)

Lisaclaire

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on: Jun 24, 2018
Janus Associates, Inc has 325,000 shares of 100 par value, 6 cumulative preferred stock and 3,500,000 shares of common stock. Although no dividend was declared last year, a 5,750,000 dividend has been declared this year. a. What are the dividends due the preferred shareholders? b. What is the dividend per share of common stock?

Question 2

The price or rental fee charged by a lender to a borrower for the use of money is known as principal.  
  Indicate whether the statement is true or false


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Anton

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Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 3,900,000
b. 0.53

Answer to Question 2

FALSE


Lisaclaire

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Reply 2 on: Jun 24, 2018
:D TYSM

matt95

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Reply 3 on: Yesterday
Excellent

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