Business, 24.04.2020 18:40 TatlTael7321

Ridgewood Company has 25,000 shares of cumulative 2% preferred stock, $50 par and 150,000 shares of $25 par common stock. During the current year, $62,500 was distributed as dividends. Determine the numerator in the dividend yield calculation.

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Ridgewood Company has 25,000 shares of cumulative 2% preferred stock, $50 par and 150,000 shares of...