QUESTION 7 Life Pharmacy has issued the Preferred Shares with a Par Value of $1,000. How much will Mariam get if she holds 11 Preferred Shares of Life Pharmacy A4 840 C. 440 D, 44 QUESTIONS Life Pharmacy has in its articles of incorporation 10,000,000 authorized ordinary shares and 3,000,000 preference shares. The firm has recently issued 6,000,000 ordinary shares. How many more ordinary shares can Life Pharmacy issue? A. 8,000,000 B. 18,000,000 C. 2,000,000 D. 6,000,000