Question
Regan, Inc., has the following share capital: Common shares, 100,000 shares authorized, 20,000 shares outstanding Preferred shares, $4, 10,000 shares authorized, 3,500 shares outstanding The
Regan, Inc., has the following share capital:
Common shares, 100,000 shares authorized, 20,000 shares outstanding
Preferred shares, $4, 10,000 shares authorized, 3,500 shares outstanding
The company declared a cash dividend of $40,000 in 2005. No dividends were declared or paid during 2004. Dividends were paid on preferred and common shares in 2003.
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Foundations Of Finance
Authors: Arthur J Keown, John D Martin, J William Petty
7th Edition
0133370356, 9780133370355
