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Business, 06.08.2021 03:20 karencbetancourt

A company's board of directors votes to declare a total cash dividend of $25,000. The company has 2,500 shares of $1 par common stock and 400 shares of 4%, $200 par preferred stock outstanding. What is the total amount that will be paid to preferred shareholders

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A company's board of directors votes to declare a total cash dividend of $25,000. The company has 2,...
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