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Anders, Inc has 10,000 shares of 5%, €100 par value, cumulative preference shares and 20,000 ordinary shares with a $1 par value outstanding at December 31, 2014. There were no dividends declared in 2012. The board of directors declares and pays a €90,000 dividend in 2013 and in 2014. What is the amount of dividends received by the ordinary shareholders in 2014?
Circadian Rhythm
An innate process that governs the rhythm of sleep and wakefulness, repeating about every 24 hours.
Biorhythm
Theoretical cycles believed to affect various physical, emotional, and intellectual conditions in humans.
Euclidean Rhythm
A mathematical algorithm that evenly distributes a specified number of beats or pulses across a larger number of time slots, often used in music composition.
Phi Effect
A perceptual illusion where stationary objects shown in rapid succession are perceived as moving, used to explain motion in cinema and animations.
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