The term "preferred" comes from the fact that preferred shareholders receive, on average, a higher rate of return than common shareholders even though they have less risk
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Preferred shareholders do have less risk than common shareholders, but on average their returns are LOWER.
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According to monetarists, the main source of fluctuations in economic activity is
A. changes in the amount of money in the economy. B. waves of optimism and pessimism that cause business investment in capital goods to fluctuate. C. changes in the prices of oil and other resources. D. changes in productivity.
The activities that are included in the operating activities section of the statement of cash flows are ________
A) activities that involve stockholders' equity B) activities that create revenue or expenses C) activities that increase or decrease long-term assets D) activities that pertain to construction of new facilities
While implementing strategic group mapping for the U.S. domestic airline industry, two strategic groups become apparent: low-cost, point-to-point airlines (Virgin Atlantic, Alaska Airlines, JetBlue, and Southwest Airlines) versus differentiated airlines using a hub-and-spoke system (American, Delta, and United). Which of the following statements is true about these two strategic groups?
A. Alaska Airlines and Delta Airlines will be affected by the external environment in very similar ways. B. American, United, and Delta Airlines will be affected differently by Porter's five competitive forces. C. Competitive rivalry between Virgin Atlantic and Delta Airlines is likely to be higher than that between American, Delta, and United. D. Competitive rivalry between Virgin Atlantic and JetBlue is likely to be higher than that between American and Southwest Airlines.
Which of the following is an organizational benefit of using an enterprise resource planning system?
A) It maintains individual databases for each department. B) It facilitates data sharing in real time. C) It minimizes the use of dashboards. D) It promotes the duplication of data.