Question
Madison Co. paid dividends of $3,000; $6,000; and $10,000 during 2012, 2013 and 2014 respectively. The company had 500 shares of preferred stock outstanding with
Madison Co. paid dividends of $3,000; $6,000; and $10,000 during 2012, 2013 and 2014 respectively. The company had 500 shares of preferred stock outstanding with a $10 per share cumulative dividend. The amount of dividends received by the common shareholders during 2014 would be:
| A. | $6,000. |
| B. | $5,000. |
| C. | $3,000. |
| D. | $4,000. |
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Countering Terrorist Finance A Training Handbook For Financial Services
Authors: Tim Parkman, Gill Peeling
1st Edition
0566087251, 978-0566087257
