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QUESTION 18 Miriah Inc. has 4,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock. There
QUESTION 18 Miriah Inc. has 4,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock. There are no dividends in arrears. If $50,000 in total is paid to preferred and common stockholders, what is the dividends paid to preferred stockholders? a. $20,000 in total. b. $0.50 per share. c. $50 per share. d. $200 in total
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