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Unformatted text preview: stock. An investor has to be careful when deciding whether or not to covert because if the company is doing well than the common stock will rise thus increasing there investment. However if the company declines so will its common stock and the investor will lose more money than if they would have just left there stock as preferred. 13,638 Common Stock Issued and Outstanding $5,934,000 Dividends to Preferred Stockholders $180,329 Total Paid-In Capital BOOK VALUE = $16.99 The DISADVANTAGES of being publicy owned are the stricter regulations set by the government and SEC. Publicy owned corporations are also taxed at a much higher rate and subject to double taxation...
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