Business, 22.07.2019 19:30, shayla3613

N2015, first inc. issued 12,000 shares of 8%, $60 par-value preferred stock with a cumulative-dividend feature. in 2015, the firm paid total dividends of $30,000, and in 2016, it paid total dividends of $45,000. if first declares $180,000 in total dividends for 2017, what amount will be available for its common stockholders?

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N2015, first inc. issued 12,000 shares of 8%, $60 par-value preferred stock with a cumulative-divide...