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Business, 01.07.2019 21:40 natu2072

The following information is provided for bold company for the year 2017: preferred stock, 10%, $50 par value, 2,700 shares issued and outstanding common stock, $100 par value, 3,700 shares issued and outstanding dividends in arrears for three prior years (2014­­–2016) total dividends declared and paid in 2017 were $67,000. how much of the 2017 dividend payment was paid to the common stockholders assuming the preferred stock is cumulative?

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The following information is provided for bold company for the year 2017: preferred stock, 10%, $50...
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