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What is the amount of dividends common shareholders

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Question - The shareholders' equity of Green Corporation includes $222,000 of $1 par common stock and $420,000 par of 6% cumulative preferred stock. The board of directors of Green declared cash dividends of $52,000 in 2018 after paying $22,000 cash dividends in each of 2017 and 2016. What is the amount of dividends common shareholders will receive in 2018?

Reference no: EM132341888

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