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Business, 27.09.2019 05:30 rahulshahi7569
Brewer inc. has 5,000 shares of 8%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at december 31, 2014, and december 31, 2013. the board of directors declared and paid a $15,000 dividend in 2013. in 2014, $60,000 of dividends are declared and paid. what are the dividends received by the preferred stockholders in 2014? a. $35,000.b. $30,000.c. $25,000.d. $20,000.
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Brewer inc. has 5,000 shares of 8%, $50 par value, cumulative preferred stock and 100,000 shares of...
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