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Business, 22.04.2021 20:20 kylie7357

Macintyre, Inc., has outstanding 10,000 shares of $50 par value, 6% nonparticipating, cumulative preferred stock and 16,000 shares of $10 par value common stock. If the dividend on preferred stock is two years in arrears, and the total cash dividend declared this year is $170,000, then the total amounts distributed to preferred and common stockholders, respectively, are:

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Macintyre, Inc., has outstanding 10,000 shares of $50 par value, 6% nonparticipating, cumulative pre...
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