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Business, 24.10.2021 03:20 sim2004

Sabas Company has issued and outstanding 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1 $10,000 Year 2 45,000 Year 3 90,000 Determine the dividend per share for preferred and common stock for the third year.

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Sabas Company has issued and outstanding 20,000 shares of $100 par, 2% cumulative preferred stock an...

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