Author Question: Janus Associates, Inc has 325,000 shares of 100 par value, 6 cumulative preferred stock and ... (Read 117 times)

Lisaclaire · **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