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mediate Accounting || Spring20 fall20 Al Anwar Company has 10,000 shares authorized, OMR2 par value, 4,000 shares issued and outstanding ordinary shares and 5% cumulative,

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mediate Accounting || Spring20 fall20 Al Anwar Company has 10,000 shares authorized, OMR2 par value, 4,000 shares issued and outstanding ordinary shares and 5% cumulative, non-participating, 7,000 shares authorized, OMR100 par value, 100C shares issued and outstanding preference shares. Assume that Al Anwar did not declare dividends for the previous 2 years. The company declared a total of OMR10,000 cash dividend in the current year. How much dividend would be paid to ordinary shareholders? an Select one: O a. OMR8,000 b. OMRO c. OMR1,500 d. OMR8,500

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