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D Question 20 2 pts The outstanding stock of Adam Baum Company is composed of 25,000 shares of $100 par, cumulative preferred 2% stock, and
D Question 20 2 pts The outstanding stock of Adam Baum Company is composed of 25,000 shares of $100 par, cumulative preferred 2% stock, and 200,000 shares of $5 par common stock. Dividends have not been paid for the current year or the previous year. If $180,000 is to be distributed as a dividend for the current year, what total amount will be distributed to the common stockholders? $ 50,000 $ 100,000 $ 200,000 $ 80,000
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