As of December 31,20X2, Supreme Inc. has 10,000 shares of $50 at par, 4% cumulative...
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Accounting
As of December X Supreme Inc. has shares of $ at par, cumulative preferred stock and shares of $ at par common stock outstanding. During the year X the company did not declare any dividends. In the year X the company decided to declare dividends at of the retained earnings of X The retained earnings in X amounts to $ Calculate the amount of dividends available for common stockholders.
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