Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of...

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Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 por common stock. The fo

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Solution; 40000 Annual Preferred dividend 20000*100*2% since total dividend distributed is $10000 hence entire will be paid t

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