Business, 20.11.2019 23:31 aaronk1120
Cab inc. has 1000 shares of 5%, $100 par value, cumulative preferred stock and 5 shares of $1 par value common stock outstanding at december 31, 2017. what is the annual dividend on the preferred stock?
a)$0.05 per share.
b)$50 per share.
c)$500 in total.
d)$5000 in total.
Answers: 1
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Cab inc. has 1000 shares of 5%, $100 par value, cumulative preferred stock and 5 shares of $1 par va...
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