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Part 4-10 points The Brubeck Group has outstanding 1,000 shares of $10 par common stock and 200 shares of $100 par 15% preferred stock.

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Part 4-10 points The Brubeck Group has outstanding 1,000 shares of $10 par common stock and 200 shares of $100 par 15% preferred stock. The preferred dividends were not paid during the two years on preceding the current year. If the firm declares a dividend of $12,000, how much will be paid to each class of stock assuming: 1. The preferred stock is noncumulative and nonparticipating. the ferred Stock: 100 appropriate journ 9,100 zor. on January 51304 nber 2. The preferred stock is cumulative but nonparticipating. 300x3 price is

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