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Harvey Company Has 30,000 Shares of $150 Par Value, 8

Question 54

Multiple Choice

Harvey Company has 30,000 shares of $150 par value, 8% cumulative preferred stock and 160,000 shares of $60 par value common stock. Harvey declares and pays cash dividends amounting to $640,000.
If no arrearage on the preferred stock exits, how much in total dividends is paid to each class of stock?

A) Harvey Company has 30,000 shares of $150 par value, 8% cumulative preferred stock and 160,000 shares of $60 par value common stock. Harvey declares and pays cash dividends amounting to $640,000. If no arrearage on the preferred stock exits, how much in total dividends is paid to each class of stock? A) B) C) D)
B) Harvey Company has 30,000 shares of $150 par value, 8% cumulative preferred stock and 160,000 shares of $60 par value common stock. Harvey declares and pays cash dividends amounting to $640,000. If no arrearage on the preferred stock exits, how much in total dividends is paid to each class of stock? A) B) C) D)
C) Harvey Company has 30,000 shares of $150 par value, 8% cumulative preferred stock and 160,000 shares of $60 par value common stock. Harvey declares and pays cash dividends amounting to $640,000. If no arrearage on the preferred stock exits, how much in total dividends is paid to each class of stock? A) B) C) D)
D) Harvey Company has 30,000 shares of $150 par value, 8% cumulative preferred stock and 160,000 shares of $60 par value common stock. Harvey declares and pays cash dividends amounting to $640,000. If no arrearage on the preferred stock exits, how much in total dividends is paid to each class of stock? A) B) C) D)

Harvey Company Has 30,000 Shares of $150 Par Value, 8

Multiple Choice

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