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D Question 17 Your Company has the following classes of stock: Non-cumulative Preferred stock, 8%; $50 par 1,500 shares Common stock, $10 par 500,000

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D Question 17 Your Company has the following classes of stock: Non-cumulative Preferred stock, 8%; $50 par 1,500 shares Common stock, $10 par 500,000 shares 10 pts In the company's first year of operation, no dividends were paid. During the second year, Your Company paid cash dividends of $30,000. What is the dollar amount of the dividend that the common stockholders will receive? $0 $6,000 $24,000. $12,000 $18,000

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