Texas Inc has 10,000 shares of 6%, $125 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31 . What is the annual dividend on the preferred stock?
a. $75 per share
b. $75,000 in total
c. $10,000 in total
d. $0.75 per share
b
You might also like to view...
A dermatologist has her diplomas prominently displayed above her large desk, which sits on a Persian rug in an office filled with tasteful, yet expensive furnishings. Which of the following service characteristics is the doctor trying to handle with her office décor?
A. Inconsistency B. Perishability C. Intangibility D. Compatibility E. Consumability
If an Olympic skier enjoys the speed and motion of alpine skiing, what type of reward may training hold?
a. External b. Time off c. Intrinsic d. Bonuses
Explain in detail the method marketers employ in MPR to determine whether a market segment is an appropriate target market
What will be an ideal response?
Which element is not included in a “Living Code of Ethics”?
a. Authentic leadership b. Organizational culture c. The decision-making process d. The price of goods and services