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partygirl4u59 partygirl4u59
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Scott Company

The Scott Company earned $120,000 last year. The capital stock of the company consists of $400,000 of 7% preferred stock and $200,000 of common stock. The directors declared a dividend of 60% of the earnings.


Refer to Scott Company. Compute the total amount that will be paid to the holders of preferred stock.
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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flipninjamelflipninjamel
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