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Business, 18.05.2021 18:50 rishawn12345

Dividend Allocations Situation 1 Espino Company has the following stock outstanding: Common Stock Preferred Stock 104,300 shares 8,600 shares $0.50 par value $20 par, $3 dividend The amount available for dividends this year is $63,348. Prepare the dividend allocation between the preferred and common shares. If required, round per share amounts to two decimal places.

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