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Business, 08.10.2019 17:00 cheergirl21

Ramona, inc. has 2,500 shares of 6%, $100 par, cumulative preferred stock and 80,000 shares of $4 par common stock outstanding. last year the board of directors declared and paid a $5,000 dividend. this year the dividend declared and paid was $30,000. what amount of this dividend will be paid to the preferred stockholders?

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Ramona, inc. has 2,500 shares of 6%, $100 par, cumulative preferred stock and 80,000 shares of $4 pa...
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