11.3

5 multiple choice questions. Please answer all 5:

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5.

Multiple Choice The right to receive a specified amount of dividends prior to any being paid to common stockholders. The right to vote before the common stockholders at the corporation's annual meeting. The right to receive preference over common stockholders as to the distribution of assets during a liquidation process. All of these are preferences given to preferred stock. cumulative dividend. What is the total amount of dividends paid to common shareholders during Year 3 ? Multiple Choice $5,000 $5,000 $9,000 $12,000 dividend. What is the total amount of dividends paid to common shareholders during Year 3 ? Multiple Choice $4,000 $6,000 $8,000 $10,000 Preferred stockholders generally have no voting rights in a corporation. True or False blows: he corporation paid the maximum amount of dividends possible in each year of operation. The dividend paid to common stockholders at the end of Year 3 is Multiple Choice zero. $106,500. $101,490. $53,250