Paid to preferred share holders

Reference no: EM13144136

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

Reference no: EM13144136

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