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ABC, hass 1,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2011. What is the annual dividend n the preferred
stock?
answer is common stock
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User: if a corporation has only one class of stock, it is referred to as

User: ABC, hass 1,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2011. What is the annual dividend n the preferred stock?

Weegy: answer is common stock
Expert answered|arthur2647|Points 71|



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Asked 9/29/2012 3:52:04 PM
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