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What the common stockholders received

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Problem 1: Alpha Corporation has 1,500 shares of $40 par, 7% cumulative preferred stock, and 2,200 shares of $10 par common stock. Alpha paid $10,000 in cash dividends, including one-year dividends in arrears to preferred stockholders. Common stockholders received

Option A $0.

Option B $220.

Option C $1,600.

Option D $5,800.

Reference no: EM132727714

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