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Dividends

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Magnifico Inc. owns and operates movie theatres throughout Georgia and Mississippi. Magnifico has declared the following annual dividends over a six-year period (see attachment).

Instructions: (1) Calculate the total dividends and the per-share dividends in arrears on January 1, 1999. Summarize the data in tabular form, using the following column headings...

(Please see attachment)

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This solution calculates the dividends and dividends in arrears for a stock.

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