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Author Question: Manitou Corporation's outstanding stock is 75 shares of $55-par, 7% non-cumulative preferred stock ... (Read 40 times)

bio_gurl

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Manitou Corporation's outstanding stock is 75 shares of $55-par, 7% non-cumulative preferred stock and2,100 shares of $12-par common stock. Manitou paid $2,500 in dividends during the year. What amount did common stockholders receive? (Round intermediate and the final answer to the nearest dollar.)
◦ $0
◦ $2,211
◦ $2,500
◦ $289


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Marked as best answer by bio_gurl on Feb 18, 2020

Joy Chen

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bio_gurl

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Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review


deja

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Reply 3 on: Yesterday
Excellent

 

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