Percy Jacks, Inc. has outstanding 8,000 shares of $100 par value, 8% nonparticipating, cumulative preferred...
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Percy Jacks, Inc. has outstanding 8,000 shares of $100 par value, 8% nonparticipating, cumulative preferred stock, and 20,000 shares of $30 par value common stock. If the dividend on preferred stock is one year in arrears, and the total cash dividend declared this year is $280,000, the total amounts distributed to preferred and common stockholders are, respectivel
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