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Flowers Inc. has both common and preferred stock. There are 70,000 shares of $4 par common stock outstanding and 2,000 shares of $19 par, 7%
Flowers Inc. has both common and preferred stock. There are 70,000 shares of $4 par common stock outstanding and 2,000 shares of $19 par, 7% noncumulative preferred stock outstanding. The company did not pay any dividends in 2022. Distribute dividends to each class of stockholders using the following information: Year Dividends Declared 2023 2024 2025 $6,300 $1,400 $3,100 Year Preferred Common 2023 2024 2025 Question Help: Video Submit All Parts
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