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Atlantis Corporation has 19 comma 000 shares of 10%, $ 80.00 par noncumulative preferred stock outstanding and 22 comma 000 shares of nominuspar common stock outstanding. At the end of the current year, the corporation declares a dividend of $ 186 comma 000. How is the dividend allocated between preferred and common stockholders?
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Atlantis Corporation has 19 comma 000 shares of 10%, $ 80.00 par noncumulative preferred stock outst...
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