Triplett1032 Triplett1032
  • 03-05-2024
  • Mathematics
Answered

Lululemon has outstanding 6,000 shares of $150 par value, 7%, cumulative Preferred Stock and 6,000 shares of $18 par value Common Stock.

If the dividend on preferred stock is one year in arrears, and the total cash dividend declared this year is $129,600, then the total amounts distributed to Preferred and Common stockholders, respectively, are:



Answer :

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