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Dividends Paid and Dividends in Arrears The Arcadia Company has 140,000 shares of cumulative, seven percent, $140 par value preferred stock outstanding. Last year the

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Dividends Paid and Dividends in Arrears The Arcadia Company has 140,000 shares of cumulative, seven percent, $140 par value preferred stock outstanding. Last year the cc would like to resume paying its regular dividend this year. Calculate the dividends in arrears and the total dividend that must be paid this year. Dividend in arrears $ Total dividend

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