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The annual dividend of the preferred shares, if declared, amounts to $100,000. Dividends of $80,000 are declared during year and dividends of $300.000 are declared
The annual dividend of the preferred shares, if declared, amounts to $100,000. Dividends of $80,000 are declared during year and dividends of $300.000 are declared during year 2. Assuming the preferred shares have a cumulative dividend preference, how much will be paid to common shareholders in year 2? O O $0 $20,000 $180,000 O $200,000
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