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Business, 10.05.2021 23:30 ryan23allen

abc, inc has 1,0000 shares of 5%, $100 par value cumulative preferred stock and 1000,000 shares od $1 par value common stock outstanding. If ABC didi not pay a dividend in the prior year and the common stockholders receive $0.50 per share in dividends this year, then the total dividend declared and paid to both preferred and common stockholders this year was

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