Business, 27.09.2019 05:20 Annamea

Denson, inc. has 10,000 shares of 7%, $100 par value, non-cumulative preferred stock and 40,000 shares of $1 par value common stock outstanding at december 31, 2014. there were no dividends declared in 2013. the board of directors declares and pays a $120,000 dividend in 2014. what is the amount of dividends received by the common stockholders in 2014? a. $0.b. $70,000.c. $120,000.d. $50,000.

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Denson, inc. has 10,000 shares of 7%, $100 par value, non-cumulative preferred stock and 40,000 shar...

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