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sabas company_Dividend Distribution

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Question;sabas;company has 20,000 shares of $100 par, 2% cumulative preferred stock and;100,000 shares of $50 par common stock. the following amounts were distributed;year 1;$10,000;year 2;45,000;year 3;90,000;determine;the dividends per share for preferred and common stock for each year.

 

Paper#40103 | Written in 18-Jul-2015

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