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Oriole, Inc. has outstanding 619000 shares of $2 par common stock and 125000 shares of no-par 5% preferred stock with a stated value of $5.
Oriole, Inc. has outstanding 619000 shares of $2 par common stock and 125000 shares of no-par 5% preferred stock with a stated value of \$5. Dividends have been paid in every vear except the past two vears and the current year. Assumins that $280000 will be distributed, and the preferred stock is cumulative and participating. how much will the common stockholders receive? $62500$192310$131440$148560
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