Business
Business, 31.07.2021 01:30, oudithe3

Outstanding stock of the Cheyenne Corporation included 37000 shares of $5 par common stock and 11500 shares of 5%, $10 par non-cumulative preferred stock. In 2019, Cheyenne declared and paid dividends of $3700. In 2020, Cheyenne declared and paid dividends of $18500. How much of the 2020 dividend was distributed to preferred shareholders

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Outstanding stock of the Cheyenne Corporation included 37000 shares of $5 par common stock and 11500...

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