Bellamy corporation paid 100000 in dividends the, Ask an Expert

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Bellamy Corporation paid $100,000 in dividends. The corporation had 10,000 shares of common stock outstanding and 5,000 shares of $100 par value 5% preferred stock. The preferred stock was two years in arrears prior to the current year. How much was paid to the common stockholders?

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Financial Accounting, Accounting

Category:- Financial Accounting
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