Gwen Chan
Dec 11, 2008, 11:17 PM
I would like to know how to calculate the preferred dividend if the question has several information :
common shares authorized par value $ 10 100,000
Average common shares outstanding 50,000
8% $100 par preferred atock authorized 80,000
Preferred stock outstanding 30,000
Is it 8% X $100 X 80,000 ? Or 8% X $100 X 30,000 ?
common shares authorized par value $ 10 100,000
Average common shares outstanding 50,000
8% $100 par preferred atock authorized 80,000
Preferred stock outstanding 30,000
Is it 8% X $100 X 80,000 ? Or 8% X $100 X 30,000 ?