The board of directors of Midwest Foods has declared a dividend of $3,500,000. The company has 300,000 shares of preferred stock that pay $2.85 per share and 2,500,000 shares of common stock. After finding the amount of dividends due the preferred shareholders, calculate the dividend per share of common stock
A) $1.06
B) $1.57
C) $13.50
D) $4.50
A
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Unlike traditional surveys, Internet surveys:
a. can be targeted at a specific group of people. b. take a considerable amount of time and effort on the part of the respondents. c. incur training, telecommunications, and management costs. d. can be personalized for greater relevance to each respondent.
Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Calculate the equivalent units of production for the year: Beginning Work in Process (40% complete, $1,100)200 units Ending inventory of Work in Process (80% complete)400 units Total units started during the year3,200 units
A. 3,240 units. B. 3,320 units. C. 3,520 units. D. 3,200 units. E. 3,800 units.
A beachhead is
a. a venture’s long-term new product strategy. b. where a venture gets started penetrating the market. c. product architecture. d. where the team goes offsite to plan its future products and services
When Anheuser-Busch added Michelob Light to the line of Michelob beers, the firm was using ____ branding.
A. brand-extension B. individual C. family D. selective E. licensed