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Yeri Company has outstanding of 2000 of P150 par value, 7% noncumulative preferred stock, and 20,000 shares of P20 par value common stock. How much

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Yeri Company has outstanding of 2000 of P150 par value, 7% noncumulative preferred stock, and 20,000 shares of P20 par value common stock. How much should the company distribute as dividends this year so that each common stockholder would receive P2.40 each share

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