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DIVIdends per share Oceanic Company has 30,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $15 par common stock. The following

image text in transcribed DIVIdends per share Oceanic Company has 30,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends

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