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Question 5 of 5 1 Points Sizemore, Inc. has 10,000 shares of 4%, $100 par value, cumulative preferred stock and 100,000 shares of $1
Question 5 of 5 1 Points Sizemore, Inc. has 10,000 shares of 4%, $100 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2020. If the board of directors declares a $25,000 dividend, the A. preferred stockholders will receive 1/10th of what the common stockholders will receive. B. preferred stockholders will receive the entire $25,000. C. $25,000 will be held as restricted retained earnings and paid out at some future date. D. preferred stockholders will receive $12,500 and the common stockholders will receive $12,500. Reset Selection
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