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Business, 09.07.2021 20:20 alsafy5124

Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 6%, $10 par non-cumulative preferred stock. In 2018, West declared and paid dividends of $4,000. In 2019, West declared and paid dividends of $12,000. How much of the 2019 dividend was distributed to preferred shareholders

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