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Remaining Time: 35 minutes, 06 seconds. Question Completion Status: QUESTION 8 Kaldi Company has 20,000 shares of $10 par value, 5% cumulative preferred stock and
Remaining Time: 35 minutes, 06 seconds. Question Completion Status: QUESTION 8 Kaldi Company has 20,000 shares of $10 par value, 5% cumulative preferred stock and 200,000 shares of $20 par value common stock outstanding. The company paid total cash dividends of $8,000 in its first year of operation. The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is: A. $10,000. B. $12,000. C. $8,000. D. $2,000. QUESTION 9 A company has bonds outstanding with a parvalue of $100,000. The unamortized premium on these bonds is $3,500. The company calls these bonds at a price of $102.000, the gain or loss on retirement is: A. $3,500 loss. B. $1.500 gain. C. $1,500 loss. D. $3.500 gain. Click Save and Submit to save and submit. Click Save All Answers to save all answers. OVCH SaveAnswers Cost
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