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Business, 10.10.2019 02:00 julie8669

Terpsichore inc. has 1,000 shares of 5%, $100 par value, cumulative preferred stock and 200,000 shares of $1 par value common stock outstanding at december 31, 2017, and december 31, 2016. no dividends were paid in 2016. in 2017, $75,000 of dividends are declared and paid. if the preferred stock is nonparticipating, what are the dividends received by the preferred stockholders in 2017?

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Terpsichore inc. has 1,000 shares of 5%, $100 par value, cumulative preferred stock and 200,000 shar...
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