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the pottery barn has the following classes of stock: preferred stock, 7%, $1000000 par value, cumulative. Common stock 50,000 shares issued. It paid no dividends
the pottery barn has the following classes of stock: preferred stock, 7%, $1000000 par value, cumulative. Common stock 50,000 shares issued. It paid no dividends in its first two years of existence. in 2019, the board of directors of the Pottery Barn declared a total dividend of $250000 to be paid. What was the amount total dividends paid in 2019 to preferred shareholders and then also the total dividends paid in 2019 to common shareholders?
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