Swan Creek Company has 40,000 shares of cumulative preferred 2% stock, $60 par and 50,000 shares of

Swan Creek Company has 40,000 shares of cumulative preferred 2% stock, $60 par and 50,000 shares of $50 par common stock. The following amounts were distributed as dividends:year 1 30000 my answer was 18000 common stock

"Is this question part of your assignment? We can help"

ORDER NOW