Business, 16.03.2020 20:04 SGARCIA25

Winston Corporation has 9,000 shares of 4%, $10 par cumulative preferred stock and 47,000 shares of common stock outstanding. Winston declared no dividends in 2017 and had no dividends in arrears prior to 2017. In 2018, WinstonWinston declares a total dividend of $54,000. How much of the dividends go to the common stockholders?

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Winston Corporation has 9,000 shares of 4%, $10 par cumulative preferred stock and 47,000 shares of...

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