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2 question pls! Thanks QUESTION 8 Preferred stock dividends can be cumulative in nature. Which of the following is true related to these types of
2 question pls! Thanks
QUESTION 8 Preferred stock dividends can be cumulative in nature. Which of the following is true related to these types of dividends? Require that dividends be paid to the employees first before outside investors. Requires that all unpaid prior year and current year dividends must be first paid to preferred shareholders. o Requires that all unpaid prior year dividends must be first paid to common shareholders. o They are a popular feature for the issuance of common stock. QUESTION 9 JM Corporation has 30,000 shares of $2 par value common stock outstanding. On January 5, JM declares a 2 for 1 stock split. What is the total value in common stock after the stock split? $60,000 $120,000 o $240,000 o $30,000Step by Step Solution
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