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How much of this goes to holders of common stock

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Question - A corporation has 10,000 shares of 8 percent cumulative preferred stock and 20,000 shares of common stock outstanding. Par value for each is $100. No dividends were paid last year, but this year a $200,000 dividend is paid. How much of this $200,000 goes to holders of common stock?

Reference no: EM132958880

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