A sole proprietorship does not pay taxes at the business level

At this point in time, Larry has decided to trade stocks on the Internet

What will be an ideal response?

ABC corporation declares a $2 million dividend. It had issued 1 million shares of common stock

and 500 thousand shares of preferred stock. If preferred shares have a par value of $50 and a preferred dividend of 4 percent, what is the preferred dividend? A) $1,250,000 B) $200,000 C) $1,000,000 D) $2,000,000