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Business, 14.07.2019 15:30 coryintheswamp

Cork inc. declared a $160,000 cash dividend. it currently has 6,000 shares of 6%, $100 par value cumulative preferred stock outstanding. it is one year in arrears on its preferred stock. how much cash will cork distribute to the common stockholders?

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Cork inc. declared a $160,000 cash dividend. it currently has 6,000 shares of 6%, $100 par value cum...
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