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Janeek Enterprises

PLEASE answer promptly and show all work

Question 9 O out of 0.5 points The shareholders equity of Janeek Enterprises includes $279,800 of no par common stock and $5

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Answer #1

Dividends declared to common share holders

= Total dividends - Preferred dividends

= 92,200 - (521,700*6%)

= 92,200 - 31,302

= 60,898

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