The brick corporation pays its cumulative preferred stockholders $1.95 per share. there are 40,000 shares of preferred stock and 80,000 shares of common stock. in 2001, 2002, and 2003, brick corporation did not declare a dividend. in 2004, the board of directors declared a $600,000.00 dividend. what is the amount that the common shareholder will receive per share?

$5.00

Step-by-step explanation:

Dividend Per Share = Total Dividends Paid / Shares Outstanding

How many shares outstanding?

Preferred stock + common stock

80,000+40000=120000

Dividend Per Share =  $600,000.00 /120000

                                    =$5.00

The preferred shareholder gets 1.95 per share plus dividends.

The common shareholder only gets dividends.

if you're trying to figure out how much each ounce cost it would be 0.20

cents each ounce