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Question 3 Atlantis Corporation has 18,000 shares of 10% 582 par noncumulative preferred wock sanding and 27.000 shares of no-par common stock outstanding. At
Question 3 Atlantis Corporation has 18,000 shares of 10% 582 par noncumulative preferred wock sanding and 27.000 shares of no-par common stock outstanding. At the end of the current year, the corporation declans a dividend of $185.000. How is the dividend allocated between preferred and common stockholders O The dividend is allocated $5,600 to preferred stockholders and $111.000 to common wockholders The dividend is allocated $147.600 to preferred stockholders and $37,400 to common stockholders O The dividend is allocated $74,000 to preferred stockholders and $111.000 to common stockholders O The dividend is allocated $221,400 to preferred stockholders and $36,400 to common stockholders D Question 4 3 pts
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