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Sweet Companys outstanding stock consists of 1,800 shares of cumulative 4% preferred stock with a...

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Accounting

Sweet Companys outstanding stock consists of 1,800 shares of cumulative 4% preferred stock with a $100 par value and 10,800 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends.

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