Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The follo

Question

2 years ago

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Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The follo

wing amounts were distributed as dividends: Year 1: $10,000 Year 2: 45,000 Year 3: 90,000 Determine the dividends in arrears for preferred stock for the second year.

Mathematics

1 answer:

n200080 [17] · Answer 1 · 2022-08-15T18:59:45+03:00

n200080 [17]2 years ago

7 0

Answer:

b

Step-by-step explanation: