Which of the following statements is true regarding common and preferred shares?
A) Preferred shareholders have more voting power than common shareholders.
B) Common shareholders are guaranteed a fixed dividend.
C) Common shareholders have a more senior claim against assets than preferred shareholders.
D) Preferred shareholders are entitled to their dividends before common shareholders
E) Common shareholders earn a better return than preferred shareholders.
D
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The Caesar Park Hotel generally caters to business customers during the week, so weekends are relatively quiet. The hotel has decided to promote mini-vacation weekends for non-business customers as well. What is the Caesar Park Hotel trying to do?
A) It is implementing premium pricing. B) It is trying to cultivate nonpeak demand. C) It is promoting complementary services. D) It is putting reservation systems in place. E) It is implementing differential pricing.
Total deposits times capital is:
a. a type of interest coverage ratio. b. a profit measure. c. a type of debt to equity ratio. d. similar to net working capital. e. a type of asset to liability ratio.
Sousa Corporation provides the following financial information:
Calculate the residual income of Sousa Corporation.
A) $1,440,000
B) $290,000
C) $155,000
D) $554,125
Many airlines now sell tickets almost exclusively through online third-party vendors. This is an example of a ________ strategy
A) distribution B) return on marketing investment C) marketing control D) product E) promotional