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This question: 3 points possible Submit test Organic Produce, Inc. has 50,000 shares of common stock outstanding and 2,000 shares of preferred stock outstanding. The
This question: 3 points possible Submit test Organic Produce, Inc. has 50,000 shares of common stock outstanding and 2,000 shares of preferred stock outstanding. The common stock is $0.03 par value, the preferred sterk is non multive with a $100.00 par value on October 15, 2019 the company declares a total dividend payment of $43,000. How much dividend will be paid to the preferred stockholders? O A $43.000 B. $18,000 C. $1.500 D. $6,000
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