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Business, 27.09.2019 05:00 moneyyfletcher

Marion inc. has 5,000 shares of 5%, $100 par value, noncumulative preferred stock and 20,000 shares of $1 par value common stock outstanding at december 31, 2015. the board of directors declares and pays a $65,000 dividend in 2015. what is the amount of dividends received by the common stockholders in 2015?

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Marion inc. has 5,000 shares of 5%, $100 par value, noncumulative preferred stock and 20,000 shares...
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