Preferred stock is stock ________.

A) that sells for a high price
B) that is distributed to employees as annual bonuses
C) that is distributed by corporations to avoid liquidation
D) that gives its owners certain advantages over common stockholders


D) that gives its owners certain advantages over common stockholders

Business

You might also like to view...

The inside sales force consists of salespeople who conduct business from their offices via telephone, the Internet, or visits from buyers

Indicate whether the statement is true or false

Business

Identify the true statement about ethics based on rights.

A. Application of theory to real-life situations is easy. B. There is no agreement on the scope and range of rights. C. There exists a well-defined line between rights and desires. D. Rights and duties can be easily defined.

Business

Solving a load-distance problem for a process-oriented layout requires that:

A) the difficulty of movement be the same for all possible paths. B) pickup and setdown costs vary from department to department. C) the cost to move a load be the same for all possible paths. D) takt time be less than 1. E) Proplanner software examines all possible department configurations.

Business

Employees will be able to obtain a proportionately high level of profits they generate (relative to the firm) if

A. their expertise is firm-specific. B. the cost to the firm of replacing them is high. C. suppliers are loyal to the firm. D. the firm's resources are path dependent.

Business