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Business, 25.01.2021 20:30 buddyclayjohnson

Vaughn Manufacturing has 11500 shares of 5%, $100 par value, non-cumulative preferred stock and 46000 shares of $1 par value common stock outstanding at December 31, 2020. There were no dividends declared in 2019. The board of directors declares and pays a $138000 dividend in 2020. What is the amount of dividends received by the common stockholders in 2020

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Vaughn Manufacturing has 11500 shares of 5%, $100 par value, non-cumulative preferred stock and 4600...

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