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Question
cab inc. has 1,000 shares of 4%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at december 31, 2012. what is the annual dividend on the preferred stock?
a.$40 per share
b.$4,000 in total
c.$400 in total
d.$0.40 per share
Answer
This answer is hidden. It contains 1 characters.
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