If the annual dividend on preferred stock is 36000 what is

The stockholders' equity section of Leyland Corporation's balance sheet at December 31 is presented here.

LEYLAND CORPORATION Balance Sheet (partial)
Stockholders' equity
Paid-in capital
Preferred stock, cumulative, 10,000 shares authorized, 6,000 shares issued and outstanding	$ 600,000
Common stock, no par, 750,000 shares authorized, 580,000 shares issued	2,900,000
Total paid-in capital	3,500,000
Retained earnings	1,158,000
Total paid-in capital and retained earnings	4,658,000
Less: Treasury stock (6,000 common shares)	(32,000	)
Total stockholders' equity	$4,626,000

(d) If the annual dividend on preferred stock is $36,000, what is the dividend rate on preferred stock?

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If the annual dividend on preferred stock is 36000 what is : the stockholders equity section of leyland corporations balance sheet at december 31 is presented here.leyland

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The stockholders equity section of leyland corporations : the stockholders equity section of leyland corporations balance sheet at december 31 is presented here.leyland

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