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56 A company has 20,000 shares of 5% 100 par non-cumulative preferred stock authorized, 19,000 shares issued and 16,000 outstanding. This year, how much must

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56 A company has 20,000 shares of 5% 100 par non-cumulative preferred stock authorized, 19,000 shares issued and 16,000 outstanding. This year, how much must be paid to preferred stock as a dividend before common stock can receive a dividend? $100,000 $80,000 C $95,000 some other amount A B D 57 B A 9 Where on the statement of cash flows do we show "declared a cash dividend"? cash flows from operating activities cash flows from investing activities cash flows from financing activites D nowhere. It does not go on the statement of cash flows 0 1 12

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