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Business, 18.12.2019 05:31 katiepotter

Organic produce, inc. has 43 comma 000 shares of common stock outstanding and 5 comma 000 shares of preferred stock outstanding. the common stock is $ 0.02 par value; the preferred stock is 7% noncumulative with a $ 100.00 par value. on october 15, 2019, the company declares a total dividend payment of $ 47 comma 000. how much dividend will be paid to the preferred stockholders?

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