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Business, 10.08.2021 04:20 laylay120

The shareholders' equity of Green Corporation includes $398,000 of $1 par common stock and $580,000 par value of 7% cumulative preferred stock. The board of directors of Green declared cash dividends of $68,000 in 2013 after paying $38,000 cash dividends in each of 2012 and 2011. What is the amount of dividends common shareholders will receive in 2013? a) $45,800
b) $22,200
c) $43,200
d) $27,400

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The shareholders' equity of Green Corporation includes $398,000 of $1 par common stock and $580,000...
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