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Assume the following capital structure: Preferred stock, 6%, $50 par value, 1,000 shares issued and outstanding with dividends in arrears for three prior years (2011-2013) .
Common stock, $100 par value, 2,000 shares issued and outstanding.
Total dividends declared and paid in 2014 were $50,000. How much of the 2014 dividend will be paid to the common stockholders assuming the preferred stock is cumulative?
Pollution Reduction
Actions or policies aimed at decreasing the amount of pollutants released into the environment.
Government Caps
Maximum limits set by the government on prices, wages, or other economic variables to control the economy.
Total Cost
The total of all expenses involved in creating goods or services, encompassing both constant and changing costs.
Carbon Taxes
Economic policies designed to reduce carbon emissions by taxing companies or individuals based on their greenhouse gas emissions.
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