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Business, 18.08.2019 01:20 andrejr0330jr

Assume the following shares outstanding: preferred stock, 6%, $50 par value, cumulative, 1,000 shares with dividends in arrears 3 years, for 2012, 2013, and 2014. common stock, $100 par value, 2,000 shares. total dividends declared in 2015 were $50,000. the total amount of dividends to which common stockholders are entitled is

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Assume the following shares outstanding: preferred stock, 6%, $50 par value, cumulative, 1,000 shar...
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