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Business, 05.12.2019 21:31 luhmama

Dehesa, inc. has 8,000 shares of 5%, $15 par, cumulative preferred stock and 50,000 shares of $3 par common stock outstanding. no dividends were declared last year. however, the board of directors just declared a $34,000 dividend this year. what amount of the total dividend will be paid to common stockholders?
a. $34,000b. $22,000c. $28,000d. $12,000

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Dehesa, inc. has 8,000 shares of 5%, $15 par, cumulative preferred stock and 50,000 shares of $3 par...
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