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nikklg [1K]
3 years ago
10

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]3 years ago
7 0

Answer:

b

Step-by-step explanation:

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