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Yoder, Inc. has 50,000 shares of 10 par value ordinary shares and 25,000 shares of 10 par value, 6%, cumulative, participating preference shares outstanding. Dividends
Yoder, Inc. has 50,000 shares of 10 par value ordinary shares and 25,000 shares of 10 par value, 6%, cumulative, participating preference shares outstanding. Dividends on the preference shares are one year in arrears. Assuming that Yoder wishes to distribute 135,000 as dividends, the ordinary shareholders will receive 80,000 55,000. 105,000. O 30,000
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