Perfect Seed Inc. has 1,000,000 shares of 5%, $80 par value preferred stock authorized, of which, 23,000 shares are issued. None of the preferred shares are being held as treasury. What is the maximum dividend per share on each preferred share

The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap