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The shareholders' equity of Jancek Enterprises includes $264,100 of no par common stock and $471,600 of 9% cumulative preferred stock. The board of directors declared
The shareholders' equity of Jancek Enterprises includes $264,100 of no par common stock and $471,600 of 9% cumulative preferred stock. The board of directors declared cash dividends of $85,300 in 2016 after paying $36,900 cash dividends in 2015. What is the amount of dividends paid to preferred shareholders in 2016? Monday, July 27, 2020 4:47:29 PM CDT
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College Accounting A Practical Approach
Authors: Jeffrey Slater
12th edition
978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233
