The board of directors of Clarian Motels has declared a dividend of $3,000,000. The company has 150,000 shares of preferred stock that pay $1.20 per share and 1,800,000 shares of common stock. After finding the amount of dividends due the preferred shareholders, calculate the dividend per share of common stock. (Round your answer to the nearest cent if necessary)
A) $0.44
B) $2.99
C) $1.57
D) $0.75
C
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Mission statements should be ________
A) meaningful and specific yet motivating B) technology oriented C) written solely for public relations purposes D) focused on increasing sales or profits E) strictly product oriented
For an annuity due, the first cash flow occurs at the end of the period
Indicate whether the statement is true or false
McGill University's Prof. Mintzberg, writing about leaders and strategy, had observations which
A. "projected the past into the future." B. said strategic control systems fail to detect changes in consumer demand. C. encourage rigid planning and goal-setting processes. D. cast doubt on the value of rigid planning and goal-setting processes.
A company communicates performance evaluation to its employees during the ________ step in the career management process.
A. succession planning B. goal setting C. action planning D. reality check E. self-assessment