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QUESTION
Flounder Corp. has 2,500 shares of 8%, $102 par value preferred stock outstanding at December 31, 2017. At December 31, 2017, the company declared a...
Flounder Corp. has 2,500 shares of 8%, $102 par value preferred stock outstanding at December 31, 2017. At December 31, 2017, the company declared a $119,500 cash dividend.
