Business, 28.05.2021 17:40, dulaneystrode

Outstanding stock of the Oriole Corporation included 20300 shares of $5 par common stock and 10150 shares of 7%, $10 par noncumulative preferred stock. In 2017, Oriole declared and paid dividends of $4100. In 2018, Oriole declared and paid dividends of $12100. How much of the 2018 dividend was distributed to preferred shareholders

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Outstanding stock of the Oriole Corporation included 20300 shares of $5 par common stock and 10150 s...