Ace inc. has 10,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at december 31, 2014. what is the annual dividend on the preferred stock? a. $50 per shareb. $50,000 in totalc. $5,000 in totald. $0.50 per share
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Ace inc. has 10,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000 shares of $1...
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