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Macy Company has 10,000 shares of 2%, cumulative preferred stock of $50 par and 25,000 shares of $75 par common stock. The following amounts were
Macy Company has 10,000 shares of 2%, cumulative preferred stock of $50 par and 25,000 shares of $75 par common stock. The following amounts were distributed as dividends: Required: Determine the dividends per share for preferred and common stock for each year
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