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    College Accounting Study Set 2
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    Exam 19: Corporations: Stock Values, Dividends, Treasury Stocks,
  5. Question
    What Are the Annual Dividends on Preferred Stock, $20 Par
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What Are the Annual Dividends on Preferred Stock, $20 Par

Question 22

Question 22

Multiple Choice

What are the annual dividends on preferred stock, $20 par, 560 authorized, 310 shares issued, and a dividend rate of 11%? (Round your answer to the nearest dollar.)


A) $682
B) $1,232
C) $550
D) $1,914

Correct Answer:

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