Business, 17.12.2019 19:31, Kalle91106

Colliers, inc., has 100,000 shares of cumulative preferred stock outstanding. the preferred stock pays dividends in the amount of $2 per share, but because of cash flow problems, the company did not pay any dividends last year. the board of directors plans to pay dividends in the amount of $600,000 this year. what amount will go to preferred stockholders?

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Colliers, inc., has 100,000 shares of cumulative preferred stock outstanding. the preferred stock pa...