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The shareholders' equity of MLS Enterprises includes $300 million of no par common stock and $600 million of 6% cumulative preferred stock. The board of
The shareholders' equity of MLS Enterprises includes $300 million of no par common stock and $600 million of 6% cumulative preferred stock. The board of directors of MLS declared cash dividends of $74 million in 2021 after paying $32 million cash dividends in both 2020 and 2019. What is the amount of dividends common shareholders will receive in 2021 ? (Enter your answers in millions (i.e., 10,000,000 should be entered as 10 ).)
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