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company did not pay the preferred dividends

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company did not pay the preferred dividends Parker Company has 24,000 shares of $1 par common stock issued and outstanding. The company also has 2,000 shares of $100 par 4% cumulative preferred stock outstanding. The company did not pay the preferred dividends in 2012 or 2013. What amount of dividends must the company pay the preferred shareholders in 2014 if they wish to pay the common stockholders a dividend? Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

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