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Previous Page New Page Page 3 of 10 Calculating Dividends Fashion Corp has 2.500 shares of 7% $35 par value, cumulative preferred stock and
Previous Page New Page Page 3 of 10 Calculating Dividends Fashion Corp has 2.500 shares of 7% $35 par value, cumulative preferred stock and 210,000 shares of $2 par value common stock outstanding at December 31, 2022 and December 31, 2021. The board of directors did not declare a dividend in 2021. In 2022, $55.000 of dividends are declared and paid. What are the dividends received by each class of stockholders in 2022? Show all calculations Question 7 (4 points Total dividends received by preferred shareholders in 2022 Add File Record Aud Record Video Question 8 (2 points) Total dividends received by common stockholders in 2022 Add a File Record Audie Free Video Submit Quie Oof 44 queste saved Page 3 of 10
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