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Calculate the amount of dividends that would be paid

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On april 30, the directors of windsor corporation delacred dividends of $0.75 per common share and directed that preferred dividends be paid as required to the shareholders of records on may 14 payable may 28 the company has 15400 $0.80 preffered and 42800 common shares issued. no dividends were paid in the previous fiscal year

Question 1: Calculate the amount of dividends that would be paid if the preffered shares are cumulative and noncumulative

Reference no: EM132610663

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