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jshayneo jshayneo
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3 months ago

Cumulative Preference stockholders receive $0.90 per share. There are 40,000 shares. For the last four years no dividends have been paid. This year $170,000 is paid out in dividends. How much in dividends to Preferred Stockholders are still in arrears?

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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IcerX2050IcerX2050
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3 months ago
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jshayneo Author
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3 months ago
Correct Slight Smile TY
larrybrads
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Yesterday
Good timing, thanks!
zsc999
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2 hours ago
Smart ... Thanks!
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