Business, 28.01.2021 21:50 edjiejwi

Outstanding stock of the Bonita Corporation included 19500 shares of $5 par common stock and 4900 shares of 6%, $10 par noncumulative preferred stock. In 2017, Bonita declared and paid dividends of $2300. In 2018, Bonita declared and paid dividends of $5800. How much of the 2018 dividend was distributed to preferred shareholders

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Outstanding stock of the Bonita Corporation included 19500 shares of $5 par common stock and 4900 sh...