luke2700 luke2700

21-12-2022
Business

Answered

texas inc. has 10,000 shares of 6%, $125 par cumulative preferred stock and 50,000 shares of $1 par common stock outstanding at december 31. what is the annual dividend on the preferred stock? a.$0.75 per share b.$60 per share c.$75,000 in total d.$10,000 in total

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