Concept of common stockholders

Reference no: EM13150418

Yoder, Inc. has 50,000 shares of $10 par value common stock and 25,000 shares of $10 par value, 6%, cumulative, participating preferred stock outstanding. Dividends on the preferred stock are one year in arrears. Assuming that Yoder wishes to distribute $135,000 as dividends, the common stockholders will receive ??

Reference no: EM13150418

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