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O $16,000 Question 15 1 pts Tomlin, Inc. has outstanding 100,000 shares of $2 par common stock and 20,000 shares of $5 par 8% preferred
O $16,000 Question 15 1 pts Tomlin, Inc. has outstanding 100,000 shares of $2 par common stock and 20,000 shares of $5 par 8% preferred stock. The preferred stock is cumulative and fully participating. Dividends have been paid in every year except the past two years and the current year. Assuming that $61,000 will be distributed, how much will the common stockholders receive? O $16,000 $31,000 O $37,000 O $30,000 1 pts Question 16 On May 1, 2020, Tom Corp. declared and issued a 10 % common stock dividend. Prior to this dividend Tom had 100 000 shares of $1 par value common stock issued and outstanding The fair MacBook Pro
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