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Author Question: Thames Inc.'s outstanding stock is 90 shares of $110 par, 11% cumulative preferred stock and 2,500 ... (Read 51 times)

NguyenJ

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Thames Inc.'s outstanding stock is 90 shares of $110 par, 11% cumulative preferred stock and 2,500 shares of $14 par common stock. Thames paid $1,600 in cash dividends during the year. No dividends are in arrears. What amount did common stockholders receive?
◦ $1,089
◦ $1,600
◦ $511
◦ $0


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Marked as best answer by NguyenJ on Feb 18, 2020

juicepod

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NguyenJ

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Reply 2 on: Feb 18, 2020
Excellent


jamesnevil303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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