Question: QUESTION 17 4 points Green Tea Co has both common and preferred shareholders its preferred shareholders are entitled to receive 530.000 of cash dividends per
QUESTION 17 4 points Green Tea Co has both common and preferred shareholders its preferred shareholders are entitled to receive 530.000 of cash dividends per your Green Tea Co declared and paid the following cash dividende 2016 Total Cash Dividende $22.000 2017 Total Cash Dividends 527.000 2018 Total Cash Owidends $60.000 If the pretend stock is non cumulative how much of the total dividend in 2018 will be scared to the preferred shareholders? Ca. 530,000 - 533 000 c. $41,000 d: $50.000
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