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Business, 05.12.2019 02:31, rwlockwood1
Kuhns corp. has 200,000 shares of preferred stock outstanding that is cumulative and 100,000 common stock outstanding. the preferred dividend is $3.00 per share and has not been paid for three years. if kuhns earned $1 million this year, what could be the maximum payment to the preferred stockholders on a per share basis?
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Kuhns corp. has 200,000 shares of preferred stock outstanding that is cumulative and 100,000 common...
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