Preferred stock that allows preferred stockholders to share with common stockholders any dividends paid in excess of the percent or dollar amount stated on the preferred stock is called:

A. Cumulative preferred stock.
B. Participating preferred stock.
C. Convertible preferred stock.
D. Common stock.
E. Premium stock.


Answer: B

Business

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Robert is a strategic planner for a consulting firm. He receives countless reports for daily analysis, but he avoids being inundated with information by selecting only the few reports that actually serve his purpose. Which principle of data characterization is Robert following?

A. Collecting as much data as possible is always preferable. B. Freely available data is always accurate and timely. C. Information should be just barely sufficient for its purpose. D. Data that arrives after a prolonged period of time is of the highest quality. E. Information needs to be relevant to the subject, not necessarily to the context.

Business

A firm can best increase its product-based legitimacy by:

A. placing interviews, articles, or columns in media about the product. B. selling the product under its generic name instead of a brand name. C. avoiding a physical location to conduct the business. D. using voice mail or answering machine to provide customer service.

Business

Elena is in the process of buying a new flatscreen. There are many possible flatscreens to choose from, but she is focused on a few she would actually consider buying. These make up her ________ set.

A. evoked B. immediate C. focus D. retrieval E. universal

Business

With a level capacity plan, ______.

a. the company produces on a given day what is demanded on that day b. the company produces at a steady rate and stores inventory c. the firm may experience fluctuations in employment d. the firm has low revenue margins due to high per-unit costs

Business