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During 2022, its first year of operations, Natty Greene's Corporation issued 500,000 shares of $2 par value stock. No other additional shares have been issued
During 2022, its first year of operations, Natty Greene's Corporation issued 500,000 shares of $2 par value stock. No other additional shares have been issued since. The Corporation declared the following dividends 2022: $13,000 2023: $18,000 2024: $22,000 Instructions: Answer the following questions related to dividend allocation. A. Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 11% receive credit. b. Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 1 comma to receive credit. thy Greene 5 Corporation issued 500,000 shares of 52 par value common stock and 40,000 shares of 54 par value preferred issued since. The Corporation declared the following dividends during each respective year: red to dividend allocation. of stock assuming the preferred stock dividend is 11% and cumulative. Your answers must include a $ and comma to ming the preferred stock dividend is 11% and not cumulative. Your answers must include a $ and
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