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Business, 14.07.2019 06:00 lluvihorsechief01
Liberty, inc. has 2,500 shares of 4%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at december 31, 2014, and december 31, 2015. the board of directors declared and paid a $3,000 dividend in 2014. in 2015, $18,000 of dividends are declared and paid. what are the dividends received by the preferred and common shareholders in 2015? a. preferred: $5,000 common: $13,000 b. preferred: $7,000 common: $11,000 c. preferred: $11,000 common: $7,000 d. preferred: $9,000 common: $9,000
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Liberty, inc. has 2,500 shares of 4%, $50 par value, cumulative preferred stock and 50,000 shares of...
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