The outstanding stock of ABC Company includes 40,000 shares of $5 par common stock and...
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Accounting
The outstanding stock of ABC Company includes shares of $ par common stock and shares of $ par noncumulative preferred stock. In the board of directors declared and paid $ in dividends. In the board declared and paid $ in dividends. How much of the dividend was allocated to preferred shareholders? 
The outstanding stock of ABC Company includes shares of $ par common stock and shares of $ par noncumulative preferred stock. In the board of directors declared and paid $ in dividends. In the board declared and paid $ in dividends. How much of the dividend was allocated to preferred shareholders?
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