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What are the dividends received by the common stockholders

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Question - Adidas Corporation has 6,000 shares of 6%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2020. The board of directors declared and paid a $12,000 dividend in 2019. In 2020, $80,000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2020?

Reference no: EM133040121

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