Calculate the preferred and common dividend per share for the following.
CommonStock
Preferred Stock Dividend
CompanyShares
Shares
Div./Par
Cumul.
Declared
Earthly Wonders16,000,000
2,000,000$6.50
No
$32,200,000
Pref.
Common
Arrears
Div./Share
Div./Share
None
What will be an ideal response?
$6.50; $1.20
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