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    Dividends to its preferred stockholders

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    Zebra inc. 2000 shares of $80 par value, 5% cumulative preferred stock outstanding. If the company has one year of dividends in arrears, how umch will zebra pay out to as dividends to its preferred stockholders this year?

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    https://brainmass.com/business/accounting-for-corporations/dividends-preferred-stockholders-335989

    Solution Preview

    The preferred stock is cumulative and has one year of dividends in ...

    Solution Summary

    The solution explains how to calculate the amount to dividends to paid to the preferred stockholders

    $2.19