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Business, 22.11.2019 06:31 averyrichard101

Aria’s, inc. has 1,000 shares of 5%, $100 par value cumulative preferred stock and 10,000 shares of $1 par value common stock outstanding. the company has not paid dividends in two years. in its third year, it paid the common shareholders a $2 per-share dividend, plus the amount owed to preferred shareholders. what is the total amount of dividends paid?

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