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Question: nadal inc has 1 1 4000 shares of 10 par...

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Nadal, Inc. has 1 1 4,000 shares of $10 par value common stock and 38,000 shares of $10 par value 396. cumulative, participating preferred stock outstanding. Dividends on the preferred stock are one year in arrears. Nadal will be distributing $250,000 in dividends Required: What amount of dividends will the common stockholders receive? $

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