The shareholders equity of MLS Enterprises includes $200 million of no par common stock and $400 million
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The shareholders’ equity of MLS Enterprises includes $200 million of no par common stock and $400 million of 6% cumulative preferred stock. The board of directors of MLS declared cash dividends of $50 million in 2024 after paying $20 million cash dividends in both 2023 and 2022.
What is the amount of dividends common shareholders will receive in 2024?
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answer Common shareholders will receive 30 million in di...View the full answer
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