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Question 11 of 13 +7 8 9 View Policies Current Attempt in Progress Parker Company has 24,000 shares of $1 par common stock issued and
Question 11 of 13 +7 8 9 View Policies Current Attempt in Progress Parker Company has 24,000 shares of $1 par common stock issued and outstanding. The company also has 2.000 shares at $100 par 5% cumulative preferred stock outstanding. The company did not pay the preferred dividends in 2020 or 2021. What amount of dividends must the company pay the preferred shareholders in 2022 if they wisk to pay the common stockholders a dividend? Amount of dividend $ 30000 Save for Later Attempts: 0 of 1 used toit. Arower Last saved 32 minutes ago. Saved work will be auto-submitted on the due date
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