Solution to demonstration problem A. † $30, + $22, preferred dividend missed in + $15, preferred dividend missed in ‡ Only the basic $30, dividend is paid because the stock is noncumulative. Solution to demonstration problem B Solution.
Solution to demonstration problem A. † $30, + $22, preferred dividend missed in + $15, preferred dividend missed in ‡ Only the basic $30, dividend is paid because the stock is noncumulative. Solution to demonstration problem B Solution.
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