280,000 shares of $50 par value, 7% cumulative preferred stocks. 900,000 shares of...
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Accounting
shares of $ par value, cumulative preferred stocks. shares of $ par value common stock Net income for was $ No cash dividends were declared or paid during On February however, all preferred dividends in arrears were paid, together with a stock dividend on common shares. There were no dividends in arrears prior to On April shares of common stock were sold for $ per share, and on October shares of common stock were purchased for $ per share and held as treasury stock.
shares of $ par value, cumulative preferred stocks.
shares of $ par value common stock
Net income for was $ No cash dividends were declared or paid during On February however, all preferred dividends in arrears were paid, together with a stock dividend on common shares. There were no dividends in arrears prior to
On April shares of common stock were sold for $ per share, and on October shares of common stock were purchased for $ per share and held as treasury stock.
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