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XTX Company, since it was organized in January 2019 , has had outstanding 1,500 shares of $10, cumulative preferred shares (issued @$95 each) and 15,000
XTX Company, since it was organized in January 2019 , has had outstanding 1,500 shares of $10, cumulative preferred shares (issued @$95 each) and 15,000 shares of common shares (issued for $15 each). It has declared and paid dividends each year as shown below. Calculate the total dividends distributed to each class of shareholder. (6 marks) XTX Company, since it was organized in January 2019 , has had outstanding 1,500 shares of $10, cumulative preferred shares (issued @$95 each) and 15,000 shares of common shares (issued for $15 each). It has declared and paid dividends each year as shown below. Calculate the total dividends distributed to each class of shareholder. (6 marks)
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