Flower company has 40000 shares of 100 par 2 cumulative, Ask an Expert

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Flower Company has 40,000 shares of $100 par, 2% cumulative preferred stock and 200,00 shares of $50 par common stock. The following amounts were distributed as dividends.. Year 1: $20,00 Year 2: 90,000 Year 3: 180,000 Determine the dividends per share for preferred and common stock for the third year.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9953905

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