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Question 10 View Policies Current Attempt in Progress Oriole Company has outstanding 602000 shares of $2 par common stock and 125000 shares of no par
Question 10 View Policies Current Attempt in Progress Oriole Company has outstanding 602000 shares of $2 par common stock and 125000 shares of no par 6% preferred stock with a stated value of $5. The preferred stock is cumulative and nonparticipating. Dividends have been paid in every year except the past two years and the current year, Assuming that $95000 will be distributed as a dividend in the current year, how much will the preferred stockholders receive? $75000 $33500 $37500 $95000
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