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Day Inc. has 5,820 shares of 6%,$100 par value cumulative preferred stock and 97,953 shares of
$1 par value common stock outstanding at December 31 . What is the annual dividend on the
preferred stock? Select the correct answer. 55,820 in total 560.00 per share $34.920 in total
$5.877 in total

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  • 1. Day Inc. has 5,820 shares of 6%,$100 par value cumulative preferred stock and 97,953 shares of $1 par value common stock outstanding at December 31 . What is the annual dividend on the preferred stock? Select the correct answer. 55,820 in total 560.00 per share $34.920 in total $5.877 in total