Which of the following is true about the payment of dividends by a firm??

A. ?Dividends are paid only to the bondholders of the firm
B. ?Common stockholders have priority over preferred stockholders with regard to dividends
C. ?Preferred stocks will pay accumulated dividends only once i.e. at the time of maturity
D. ?Growth stocks pay little or no dividends and instead retain most of their earnings each year
E. ?Common stockholders will receive a fixed amount of dividend every year


Answer: D

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Linda Moore is a commission salesperson whose territory for the last nine years has been the entire state of Virginia. Through hard work she has greatly increased her company's business in the region. Now her manager has decided to split the state into two territories. Moore can most likely expect to:

A. earn less sales revenue. B. earn more sales revenue. C. receive additional key accounts. D. be fired from her job. E. gain more customers.

Business

Which of the following is an example of direct marketing?

A) E&OE sells its herbal skincare products exclusively through its stand-alone stores. B) TCJ is a telemarketing firm that sells products from a number of different suppliers. C) Jayne's sells most of its products to customers through home sales parties. D) J3 is a storeless retailer that organizes the retail activity of the employees of four firms. E) Reynold's tries to minimize its staff costs by installing vending machines in its stores.

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____________ is a form of advertising through cell phones and other wireless mobile devices

a. Podcasting b. Mobile advertising c. TIVo d. YouTube e. Facebooking

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Which of the following represents the correct journal entry to record a taxable cash sale of $880 if the sales tax rate is 5%?

A. A debit to cash for $880, a credit to sales tax payable for $44, and a credit to sales revenue for $836. B. A debit to cash for $924, a debit to sales tax expense for $44, and a credit to sales revenue for $880. C. A debit to cash for $924, a credit to sales tax payable for $44, and a credit to sales revenue for $880. D. None of these answer choices are correct.

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