Business, 10.03.2020 07:02 stranger123

Multiple Choice Question 58 Crane Inc., has 1500 shares of 5%, $50 par value, cumulative preferred stock and 99000 shares of $1 par value common stock outstanding at December 31, 2020, and December 31, 2019. The board of directors declared and paid a $3500 dividend in 2019. In 2020, $23000 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2020?

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Multiple Choice Question 58 Crane Inc., has 1500 shares of 5%, $50 par value, cumulative preferred s...

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