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Business, 20.10.2021 23:00 lujaynsparkles
At December 31, 2017 and 2018, Swifty Corporation had outstanding 4100 shares of $100 par value 6% cumulative preferred stock and 19400 shares of $10 par value common stock. At December 31, 2017, dividends in arrears on the preferred stock were $12900. Cash dividends declared in 2018 totaled $44900. What amounts were payable on each class of stock? Preferred Stock $32000 $12900 $0 $20300 $7400 $44900 $24600 $37500
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At December 31, 2017 and 2018, Swifty Corporation had outstanding 4100 shares of $100 par value 6% c...
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