I think you'r right but I cant see the quitction
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you're multiple times a day po
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I have attached
Step-by-step explanation:
The amount will Arundel need to pay preferred shareholders in 2021 if they wish to pay a dividend to common shareholders is 84,000
Using this formula
2021 preferred shareholders(per year)=Per dividend * Dividend rate
Let plug in the formula
2021 preferred shareholders(per year)=[(7,000*$100)*6%]
2021 preferred shareholders(per year)=($700,000*6%)*2
2021 preferred shareholders(per year)=42,000*2
2021 preferred shareholders(per year)=84,000
Inconclusion The amount will Arundel need to pay preferred shareholders in 2021 if they wish to pay a dividend to common shareholders is 84,000
Learn more about preferred shareholders here:
brainly.com/question/3518273