Homework Answers
Answer : B) 41,000
Annual Dividend on Preferred Stock =10,000*5*6% =3,000
Dividend Paid to the Preferred Share Holders = 3,000*2 (For 2017,2018)
= 6,000
Dividend Goes to the Common Stock Holders = 47,000-6000 = 41,000 (Answer)
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