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A company had stock outstanding as follows during each of itsfirst three years of operations: 2,000 shares of 10%, $100 par,cumulative preferred stock and 57,000

A company had stock outstanding as follows during each of itsfirst three years of operations: 2,000 shares of 10%, $100 par,cumulative preferred stock and 57,000 shares of $10 par commonstock. The 2 answers

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