Anders, Inc

question 17

Multiple Choice

Anders, Inc., has 5,000 shares of 5%, $100 par value, cumulative preferred stock and 20,000 shares of $1 par value common stock outstanding at December 31, 2011. There were no dividends declared in 2009. The board of directors declares and pays a $45,000 dividend in 2010 and in 2011. What is the amount of dividends received by the common stockholders in 2011?

• A) $15,000
• B) $25,000
• C) $45,000
• D) $0

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Definitions:

Osteocyte

A mature bone cell encased in the bone matrix, which plays a crucial role in maintaining bone tissue.

Osteoclast

A type of bone cell that breaks down bone tissue, crucial for the development, maintenance, and repair of bones.

Canaliculi

Canaliculi are small, narrow channels or ducts in bone or in the liver, facilitating the transport of nutrients and waste.

Woven Bone

A form of bone characterized by haphazard organization of collagen fibers and is usually formed rapidly during bone formation or repair.