Business, 27.11.2020 23:50 quece233

Diazlo Corporation has 10,000 shares of 7%, $10 par cumulative preferred stock and 47,000 shares of common stock outstanding. Diazlo declared no dividends in 2017 and had no dividends in arrears prior to 2017. In 2018, Diazlo declares a total dividend of $45,000. How much of the dividends go to the common stockholders?A. $44,000 B. $41,000 C. $47,000 D. None of above

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Diazlo Corporation has 10,000 shares of 7%, $10 par cumulative preferred stock and 47,000 shares of...

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