Question 17 (3 points) The balance in the retained earnings account represents cash in the bank. the amount of cash available for dividends. accumulated revenues from all prior years of operations. accumulated earnings that have not been distributed to stockholders. Question 18 (3 points) On January 1, 2007, Marff Corporation issued 10,000 shares of its 10%, $20 par value cumulative preferred stock. No dividends were declared by Marff in 2007 or 2008. In 2009, Marff had a profitable year and was in a strong cash position, so it declared a dividend of $200,000. How much of this dividend was paid to Marff's common stockholders? $140,000 $160,000 $180,000 $200,000 Question 19 (3 points) If a company's bonds are callable, the bondholder has the right to sell an option on the bond. the issuing company is likely to retire the bonds before maturity if the bonds are paying 8% interest while the market rate of interest is 4%. the bonds are never allowed to remain outstanding until the maturity date. the investor never knows what the redemption price will be until the bonds are actually called