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28 3 points Non-cumulative preferred stock will pay dividends in arrears to preferred stockholders. O True False 29 3 points The total amount of cash

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28 3 points Non-cumulative preferred stock will pay dividends in arrears to preferred stockholders. O True False 29 3 points The total amount of cash and other assets a corporation receives from a stockholder in exchange for its stock is: O Always equal to its par value. Referred to as Retained Earnings. O Always credited to Common Stock. O Referred to as Paid-in Capital

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