5.A small stock dividend refers to stock dividends issued that are less than 25% of the outstanding stock. T F

6.A characteristic of cumulative preferred stock is that dividends will not accumulate from one year to another. T F

7.A characteristic of cumulative preferred stock is that missed dividends payments must be paid out to cumulative preferred stockholders before other classes of stockholder are paid dividends. T F

8.Preferred stock annual dividends can be calculated be taking the dividend amount per share and multiplying it by the dividend rate T F