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Stockholders' equity: Convertible $17.20 preferred stock, $250 par value, 1,000,000
Stockholders' equity:
Convertible $17.20 preferred stock, $250 par value, 1,000,000 shares authorized; 345,000 shares issued and outstanding $ 86,250 Common stock, par value $0.50; 25,000,000 shares authorized 6,819 Additional paid-in capital 87,260 Retained earnings 57,263 Total stockholders' equity $ 237,592 What is the total amount of the annual dividends paid to preferred stockholders? |
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