A firm has an outstanding issue of 1,000 shares of preferred stock with a $100 par value and an 8 percent annual dividend. The firm also has 5,000 shares of common stock outstanding
If the stock is cumulative and the board of directors has passed the preferred dividend for the prior two years, how much must the preferred stockholders be paid prior to paying dividends to common stockholders at the end of third year?
A) $ 8,000
B) $16,000
C) $24,000
D) $25,000
C
Business
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Use the information provided in Table 8.4. Adding $1,000 of Weekly Newspaper Advertising (X2 ) can be expected to increase Weekly Gross Revenues by what amount? (Assume all other variables are held constant.)
A) $20,500 B) $3,750 C) $6,500 D) $10,250
Business
New businesses should only plan or buy the space for which they have immediate need, to conserve cash
Indicate whether the statement is true or false.
Business