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  3. texas inc. has 10,000 shares of 6%,$125 par cumula

Texas Inc. has 10,000 shares of 6%,$125 par cumulative preferred stock and 50,000 shares of...

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Accounting

Texas Inc. has 10,000 shares of 6%,$125 par cumulative preferred stock and 50,000 shares of $1 par common stock outstanding at December 31. What is the
a. $0.75 per share
b. $10,000 in total
c. $60 per share
d. $75,000 in total
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