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What are the dividends received by the common stockholders

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Reference no: EM132940087

Problem 1: Marigold Corp. has 4200 shares of 5%, $50 par value, cumulative preferred stock and 41000 shares of $1 par value common stock outstanding at December 31, 2016, and December 31, 2017. The board of directors declared and paid an $9000 dividend in 2016. In 2017, $61000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2017?

Reference no: EM132940087

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