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ABC Corp has cumulative 10% has 10,000 preferred shares at par value $30 and also...

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Accounting

ABC Corp has cumulative 10% has 10,000 preferred shares at par value $30 and also has 15,000 common shares no par outstanding. ABC Coprp issued $35,000 dividend in 2020, $25,000 in 2021 and $50,000 in 2022. Distribute the dividend of each year to preferred and common stockholders and calculate earning per share

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