A Company Issues 100,000 Shares of Preferred Stock for $40

question 84

Multiple Choice

A company issues 100,000 shares of preferred stock for $40 a share.The stock has fixed annual dividend rate of 5% and a par value of $3 per share.Preferred stockholders can anticipate receiving a dividend of:

• A)$5,000 each year.
• B)$15,000 each year.
• C)5% of net income each year.
• D)$3 per share.

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Definitions:

Project Deliverables

Specific outcomes, products, or results that must be produced to complete a project and meet its objectives.

Staffing Plan

A strategy that outlines how an organization will identify, recruit, and deploy workforce resources to meet project demands.

Core Project Management Team

The central group of individuals responsible for leading, planning, and executing a project, ensuring its successful completion.

Team Turnover

The rate at which team members leave and are replaced in an organization, potentially affecting project continuity and performance.