What amount of dividends will a share-holder


At the begining of 2009, Emily corporation issued 14000 shares of $100 par, 4% cumulative, preferred stock for $110 per share. no dividends have been paid to preferred share holders. what amount of dividends will a shareholder owning 100 shares receive in 2011 if Emily pays $1,000,000 in dividends?

A.14,000

B. 560

C. 1,200

D, 1,320

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Accounting Basics: What amount of dividends will a share-holder
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