Day inc has 4207 shares of 4 100 par value cumulative


Question - Day Inc. has 4,207 shares of 4%, $100 par value cumulative preferred stock and 81,796 shares of $1 par value common stock outstanding at December 31. What is the annual dividend on the preferred stock?

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Accounting Basics: Day inc has 4207 shares of 4 100 par value cumulative
Reference No:- TGS02558566

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