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Business, 13.12.2019 21:31 tiggyandrep2dbee

Marine corporation issued common stock in year 1. it issued 10,000 shares of 10%, $100 par value noncumulative preferred stock for $110 per share at the beginning of year 3. it did not pay any dividends in year 3 or year 4. in december of year 5, it declares total dividends of $250,000. how much will the common stockholders of marine corporation receive as dividends in year 5? a. $150,000,
b. $250,000,
c. $50,000,
d. $100,000.

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Marine corporation issued common stock in year 1. it issued 10,000 shares of 10%, $100 par value non...
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