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Business, 10.03.2020 07:07 loredobrooke9929
Black Corporation declared $50,000 cash dividends to shareholders. The coporation has 4,000 shares of $25-par, 5% preferred stock and 15,000 shares of $10-par common stock. The preferred stock is non-cumulative. How much will be distributed to the preferred and common stockholders on the date of payment?
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Black Corporation declared $50,000 cash dividends to shareholders. The coporation has 4,000 shares o...
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