Business, 24.10.2021 05:00 lovedavis9544

Bodkin, Inc. has 5,000 shares of 5%, $100 par value, noncumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2020. The board of directors declared and paid a $25,000 dividend in 2019. In 2020, $55,000 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2020

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Bodkin, Inc. has 5,000 shares of 5%, $100 par value, noncumulative preferred stock and 50,000 shares...

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