Compute the total amounts of dividends to both preferred and common stockholders for 2014 $90,000, 2015 108,000
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Question:
Compute the total amounts of dividends to both preferred and common stockholders for 2014 $90,000, 2015 108,000
When preferred stock cumulative $2.50 par 7% $65,000 shares issued =$162,500
Common stock $0.40 par $9,070,000 shares issued.3,628,000
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