Business, 07.12.2019 00:31 katieabby9525

Alabash corporation has 12, 000 shares of 5%, $ 10 par cumulative preferred stock and 48,000 shares of common stock outstanding. alabash declared no dividends in 2015 and had no dividends in arrears prior to 2015. in 2016, alabash declares a total dividend of $ 45,000. how much of the dividends go to the common stockholders?

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Alabash corporation has 12, 000 shares of 5%, $ 10 par cumulative preferred stock and 48,000 shares...

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