Question: Concord Inc. declared a $83000 cash dividend. It currently has 4500 shares of 6%, $100 par value cumulative preferred stock outstanding. It is one year

Concord Inc. declared a $83000 cash dividend. It currently has 4500 shares of 6%, $100 par value cumulative preferred stock outstanding. It is one year in arrears on its preferred stock. How much cash will Concord distribute to the common stockholders? $29000. $54000. $56000. O None of these answers are correct

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4. Do the observers agree or disagree with the potential sources and solutions identified by the team members? Why or why not?

1. Who will you assemble on the team?

4. Who would lead the group?