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Reiser Co. has 8,000 shares of no-par common stock with a $50 stated value and 3,000 shares of $40 par, 5 percent noncumulative preferred stock

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Reiser Co. has 8,000 shares of no-par common stock with a $50 stated value and 3,000 shares of $40 par, 5 percent noncumulative preferred stock outstanding. If the company declares a cash dividend of $22,000, the amount of the dividend paid to preferred stockholders is: $5,000 $6,000 $11,000 $5,500 QUESTION 12 Which of the following would be reported as cash flow from financing activities Cash recelpts from the sale of equipment Cash receipts from interest on notes receivable Cash receipts from the issuance of long-term debt Cash receipts from dividends on long-term investments

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