Xeris, Inc. has 1,000 shares of 5%, $10 par value, cumulative preferred stock and 50,000 shares...

 

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Xeris, Inc. has 1,000 shares of 5%, $10 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? B. $5 per share $500 in total $5,000 in total D. $.05 per share Xeris, Inc. has 1,000 shares of 5%, $10 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? B. $5 per share $500 in total $5,000 in total D. $.05 per share

Answer rating: 100% (QA)

ANS WER 5 per share WORK ING There are 1 000 shares of preferred stock an... View the full answer