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Business, 01.10.2019 01:20 loki285

Watson, inc. has 10,000 shares of 6%, $100 par value, cumulative preferred stock and 20,000 shares of $1 par value common stock outstanding at december 31, 2014. there were no dividends declared in 2012. the board of directors declares and pays a $100,000 dividend in 2013 and in 2014. what is the amount of dividends received by the common stockholders in 2014? a. $20,000.b. $60,000.c. $100,000.d. $0.

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Watson, inc. has 10,000 shares of 6%, $100 par value, cumulative preferred stock and 20,000 shares o...
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