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When a corporation has both common stock and preferred stock outstanding: A - dividends on...

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Accounting

When a corporation has both common stock and preferred stock outstanding:

A - dividends on preferred stock are paid only if the company has current earnings.

B -dividends on preferred stock must be paid before dividends on common stock can be paid.

C - preferred stockholders receive the same dividend per share as common stockholders.

D -dividends on preferred stock are paid only if dividends are to be paid on the common stock.

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