Business, 26.11.2019 06:31 stodd9503

At december 31, 2012 and 2013, plank corp. had outstanding 3,000 shares of $100 par value 8% cumulative preferred stock and 15,000 shares of $10 par value common stock. at december 31, 2012, dividends in arrears on the preferred stock were $12,000. cash dividends declared in 2013 totaled $45,000. what amounts were payable on each class of stock? preferred stock common stock

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At december 31, 2012 and 2013, plank corp. had outstanding 3,000 shares of $100 par value 8% cumulat...

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