The board of directors declared and paid a 2000 dividend in, Ask an Expert

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Has 1,000 shares of 6%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2011, and December 31, 2012. The board of directors declared and paid a $2,000 dividend in 2011. In 2012, $12,000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2012?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M969883

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