Question: Multiple choice so 1, 2, 3, or 4 D Question 6 5 pts A company has 10,000 shares of 5%, $100 par value, cumulative preferred

Multiple choice so 1, 2, 3, or 4

D Question 6 5 pts A company has 10,000 shares of 5%, $100 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2021. What is the annual dividend on the preferred stock? 1. $100 per share 2. $50,000 in total 3. $100,000 in total 4. $1.00 per share O 3 4 O 2 O 1

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