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Sweet Company's outstanding stock consists of 100 shares of cumulative 6% preferred stock with a S100 par value and 10,100 shares of common stock with

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Sweet Company's outstanding stock consists of 100 shares of cumulative 6% preferred stock with a S100 par value and 10,100 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends Dividend year 1 year 2 year 3 2,180 $ 6,100 $32,580 The amount of dividends paid to preferred and common shareholders in year 3 is Multiple Choice $11,600 preferred, $20.900 common $6.600 proferred, $25,900 common $13 800 preferred, $12.700 common. $32 500 prelerred, $O common S0 preferred, $32.500 common KPrex60 of 100 Next >

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