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How year dividends received by the common shareholders is

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Reference no: EM132690884

Given the following for the Titan Company; the company began operations on 1/1/1. Preferred Stock, 4%, Cumulative $10,000 Common Stock $20,000 Cash Dividends paid
Year 1 $ 1,000
Year 2 $ 600
Year 3 $ 2,000

Problem 1: How Year 3 Dividends received by the Common shareholders is:

Select one:

a. $400

b. $800

c. $600

d. $1,200

e. $1,600 

Reference no: EM132690884

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