On January 2, 2012, Marshall Inc. issued 5,000 shares of 6% cumulative preferred stock at $100 par value. On December 31, 2015, Marshall Inc. declared and paid its first dividend. What dividends are the preferred stockholders entitled to receive in the current year before any distribution is made to common stockholders?
A. $120,000
B. $90,000
C. $30,000
D. $0
Ans: A. $120,000
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Howard Inc provides temporary clerical services to local businesses. The company has determined that total costs for a given month can be predicted by using the following formula: Total costs = $2,500 + $20x where "x" equals total direct labor hours for the month. If total direct labor hours for June are expected to be 600, what are total costs expected to be?
A) $ 9,500 B) $14,500 C) $12,000 D) $ 2,520
Which of the following is FALSE concerning the research efforts of Novartis?
a. Treatments have resulted for multiple sclerosis, kidney cancer, and lymphoma. b. The majority of drugs tested advance to late stage development. c. Various new drugs are in the company's research and development pipeline. d. None of the above are false.
The customers at Marielle's coffee shop want to grab a quick cup of coffee before boarding the commuter train into the city. The sign in the window promises "Quick, In-and-Out Service," and usually Marielle's keeps that promise. But one morning, customers were frustrated when the staff behind the counter showed more interest in gossiping about their social lives than in waiting on customers. Marielle's shop is suffering from a ________ gap.
A. communications B. standards C. delivery D. social expectations E. knowledge
Michaels encourages customers to visit their website and "like" their Facebook page. It also enlists customers to post feedback on their company, refer articles of interest to other Michaels' customers, and offer suggestions for future electronic communication. Michaels is using a positive marketing strategy for its Facebook page and company website because customer-generated content appears
A. more authentic than company-generated content. B. more interesting than company-generated content. C. more approving than company-generated content. D. more current than company-generated content. E. more flattering than company-generated content.