Outstanding stock of the Windsor Corporation included 36000 shares of $5 par common stock and 11000 shares of 5%, $10 par non-cumulative preferred stock. In 2019, Windsor declared and paid dividends of $1800. In 2020, Windsor declared and paid dividends of $18000. How much of the 2020 dividend was distributed to preferred shareholders

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Answerwinchell would use the residual method($120-$100)=$20;

Answer reflected in reasonable, documented employment policies that are honestly and equitable implemented to the satisfaction of both management and employee;