BX had the following shares outstanding: (Matching dividend,if applicable,$12) The preferred shares are cumulative,fully participating; dividends are three years in arrears,excluding the current year; dividends declared in the current year amount to $87,000.The total amount of dividends to which common shareholders are entitled is:

Question

BX had the following shares outstanding:  (Matching dividend,if applicable,$12) The preferred shares are cumulative,fully participating; dividends are three years in arrears,excluding the current year; dividends declared in the current year amount to $87,000.The total amount of dividends to which common shareholders are entitled is:

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The Answer of BX had the following shares outstanding:  (Matching dividend,if applicable,$12) The preferred shares are cumulative,fully participating; dividends are three years in arrears,excluding the current year; dividends declared in the current year amount to $87,000.The total amount of dividends to which common shareholders are entitled is:

BX Had the Following Shares Outstanding: (Matching Dividend,if Applicable,$12)