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3. Question 16 What are the FS Effects of the following 12/31, year-end transaction: Fox Co. declares total dividends of $200,000, with 60% properly allocated
3. Question 16 What are the FS Effects of the following 12/31, year-end transaction: Fox Co. declares total dividends of $200,000, with 60% properly allocated to preferred shareholders and paid on declaration date, with the remaining 40% properly allocated to common shareholders and to be paid next fiscal year on 1/15. O A:D LI SE: D NI:D CFs: D O AD LI SE: D NI: NE CFS: D A:D L:D SE: D NI: NE CFs: D A:D LI SE: NE NI: NE CFs: D
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