If there is an equal division of any excess dividends between the preferred shares and common shares, without any limit as to the amount the preferred shares may receive, the preferred stock is said to be nonparticipating

a. True
b. False
Indicate whether the statement is true or false


False

Business

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After constructing a project network based on technical constraints and reviewing resource requirements throughout the project, Anne realizes many peaks and valleys in regard to resource usage. At one point Anne needs 6 developers, but top management has made it very clear that she will not have access to more than 4. Classify Anne's project in terms of her scheduling problem. What are her options at this point?

Fill in the blank(s) with the appropriate word(s).

Business

According to your text, which of the following is one of the greatest influences on consumer behavior?

A. opinion leaders B. reference groups C. family members D. knowledgeable salespeople E. advertising messages

Business

Consider the following objective function and constraint: C(x) = 2x12 - 15x + 3x23 - 9x2 + 30, such that x1 = 3x2. Which of the following is the correct Lagrangian function?

A) L = 2x12 - 15x + 3x23 - 9x2 + 30 - ? (3x2 - x1) B) L = 2x12 - 15x + 3x23 - 9x2 + 30 - ? (x2 - 3x1) C) L = 2x12 - 15x + 3x23 - 9x2 + 30 - ? (3x1 - x2) D) L = 2x12 - 15x + 3x23 - 9x2 + 30 - ? (3x2 - 3x1)

Business

[The following information applies to the questions displayed below.]On January 1, Year 1, Hanover Corporation issued bonds with a $70,500 face value, a stated rate of interest of 8%, and a 5-year term to maturity. The bonds were issued at 97. Hanover uses the straight-line method to amortize bond discounts and premiums. Interest is payable in cash on December 31 each year.The journal entry used to record the issuance of the bond and the receipt of cash would be:

A.

Cash68,385 
Discount on Bonds Payable2,115 
Bonds Payable 70,500

B.
Cash70,500 
Bonds Payable 70,500

C.
Cash70,077 
Discount on Bonds Payable423 
Bonds Payable 70,500

D.
Cash70,500 
Discount on Bonds Payable 423
Bonds Payable 70,077

Business