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If a company has stock outstanding as follows: 25,000 shares of 1% nonparticipating, cumulative preferred stock of $100 par, and 250,000 shares of $50 par common; how do I calculate the dividends per share on each class of stock for each of the five years for dividends distributed of: first year,...
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If I'm given: Preferred Stock: $50 par value, 8 percent cumulative, 10000 shares authorized, issued, and outstanding. Common Stock: $5 par value, 200,000 shares authorized, issued, and outstanding. THe company paid $30,000, $30,000, $94,000, and $130,000 in dividends during 2003, 2004,... View more questions Search
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