Qiara is a holder of preferred stock in Rio Grande Irrigation & Development, Inc Qiara has priority over holders of Rio common stock as to

a. nothing.
b. payments of dividends.
c. the date on which Rio must repurchase the shares.
d. upward changes in the market price of the shares.


B

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Which of the following elements of the marketing communications mix involves face-to-face interaction with one or more prospective purchasers for the purpose of making presentations, answering questions, and procuring orders?

A) advertising B) sales promotion C) word-of-mouth marketing D) public relations E) personal selling

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Which of the following occurs when the respondent is assured that neither the respondent's name nor any identifying designation will be associated with his or her responses?

A) Confidentiality B) Exclusivity C) Anonymity D) Secrecy E) A promise

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Larry has $25,000 of bodily injury liability coverage under his PAP. This limit is the minimum amount required by his state to be considered financially responsible

While on a vacation, Larry visited a neighboring state which has a minimum financial responsibility limit of $50,000 for bodily injury. Which of the following statements describes the situation for Larry while he was in the neighboring state? A) Larry's policy was suspended while he was in the neighboring state. B) Larry had only $25,000 of liability coverage. C) Larry's policy automatically provided $50,000 of liability coverage. D) Larry's policy automatically provided $100,000 of liability coverage.

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Kesterson Corporation has provided the following information:  Cost per UnitCost per PeriodDirect materials$6.20  Direct labor$3.10  Variable manufacturing overhead$1.35  Fixed manufacturing overhead  $14,000Sales commissions$1.50  Variable administrative expense$0.40  Fixed selling and administrative expense  $4,500 If 4,000 units are produced, the total amount of manufacturing overhead cost is closest to:

A. $19,400 B. $13,200 C. $16,300 D. $25,600

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