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1 pts D Question 14 The annual per share dividend requirement of a 5.0%, $100 pa

ID: 2589023 • Letter: 1

Question

1 pts D Question 14 The annual per share dividend requirement of a 5.0%, $100 par value preferred stock that was issued for $102 is: 1 pts D Question 15 The number of shares of a class of stock that are outstanding is O the number of shares authorized minus the number of shares issued the number of shares authorized minus the number of shares held in the treasury. 0 the number of shares issued minus the number of shares held in the treasury. the number of shares issued minus the number of shares owned by directors DQuestion 16 1 pts 6 MacBook Air FS F6 F7 F8 F9

Explanation / Answer

14) Annual dividend per share = Preferred par value per share*dividend rate

= 100*5%

Annual dividend per share = $5 per share

15) Outstanding share = Issued share-treasury stock repurchased

so answer is c) the number of shares issued minus the number of shares held in the treasury