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How much did each class of stock receive

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Question - Moe Corporation pays it's cumulative preferred stock $2.10 per share. There are $30,000 shares of preferred and $80,000 shares of common. In 2015, 2016, and 2017, no dividends were paid. Now, in 2018, $600,000 was declared. How much did each class of stock receive?

Reference no: EM133188652

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