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Rhubarb Corporations outstanding stock is 100 shares of $100, 11% cumulative nonparticipating preferred stock, and...

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Accounting

Rhubarb Corporations outstanding stock is 100 shares of $100, 11% cumulative nonparticipating preferred stock, and 2,000 shares of $12 par value common stock. Rhubarb paid $1,600 cash dividends during the year. Common stockholders received:

a. $0 b. $500. d. $2,500 d. $1,100

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