Business
Business, 24.07.2019 02:30, frisha

Sweet company’s outstanding stock consists of 1,000 shares of cumulative 5% preferred stock with a $100 par value and 10,000 shares of common stock with a $10 par value. during the first three years of operation, the corporation declared and paid the following total cash dividends. dividend declared year 1 $ 2,000 year 2 $ 6,000 year 3 $ 32,000 the amount of dividends paid to preferred and common shareholders in year 3 is:

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