A firm has an issue of preferred stock outstanding that has a par value of $100 and a 4% dividend. If the current market price of the preferred stock is $50, the yield on the preferred stock is ________
A) 4.00%
B) 6.00%
C) 8.00%
D) 12.00%
C
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In today's team-based businesses, which of the following is most likely to be the result of collaboration?
A) It creates a situation where fewer ideas are generated. B) It creates a situation where you may need to accommodate more ideas than you decline. C) It creates a situation where fewer ideas are needed because most of the information can be obtained from the Internet. D) It creates a situation where you may need to reject more ideas than you accept. E) It creates a situation where people are reluctant to come up with creative ideas.
From the standpoint of promoting successful strategy execution, it is important that the firm's motivation and reward system
A. accentuate positive rewards but also carry out the "up-or-out" policy for performance that does not meet expectations. B. be completely free of such elements as tension, pressure, anxiety, job insecurity, and tight deadlines-a no-pressure/no-adverse-consequences work environment is essential. C. emphasize only positive types of rewards. D. not deny rewards to employees who put forth good effort and try hard, though performance is subpar. E. reduce job insecurity and give employees an incentive to stay busy and work hard.
The following account balances were taken from the adjusted trial balance of Kendall Company: Revenues$22,400 Operating Expenses 15,000 Dividends 4,500 Retained Earnings 17,000 What is the Retained Earnings account balance that will be included on the post-closing trial balance?
A. $7,400 B. $2,900 C. $24,400 D. $19,900
Which of the following companies has a focused niche strategy?
A) Playball, a merchandise company, customizes T-shirts based on customer requests. B) Complus, a computer hardware manufacturer, offers discounts on bulk purchases. C) Table Top, a clothing retailer, offers end-of-season sales. D) Tracer, a fountain pen manufacturer, launches a new brand of pens.