Janus Associates, Inc has 325,000 shares of 100 par value, 6 ...

[Lisaclaire]

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

[Anton]

Answer to Question 1

a. 3,900,000
b. 0.53

Answer to Question 2

FALSE

[Lisaclaire]

Thanks for the timely response, appreciate it

[nyrave]

Gracias!