A security
A) is a claim or price of property that is subject to ownership.
B) promises that payments will be made periodically for a specified period of time.
C) is the price paid for the usage of funds.
D) is a claim on the issuers future income.
D
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When a dividend is not declared on preferred stock, and the common shareholders cannot receive a dividend until all past and current dividends are paid to the preferred shareholders, the preferred stock is:
A. nonparticipating. B. participating. C. noncumulative. D. cumulative.
On April 1, there were 150 units in production in the framing department that were 50% complete. Another 760 units were placed into production during the month, and 650 units were completed and transferred to the shipping department, leaving 260 units 20% complete. All materials are added at the beginning of the process, and the total direct materials cost was $147,000 . What is the cost per
equivalent unit of production for materials? a. $138.68 b. $203.42 c. $193.42 d. $161.54
Distributions in excess of a corporation's current and accumulated earnings and profits are treated as a nontaxable recovery of capital unless they exceed the basis of the stock.
Answer the following statement true (T) or false (F)
All of the following are criterion used for selecting target market segments EXCEPT:
A. simplicity and cost of assigning potential buyers to segments. B. competitive position. C. compatibility with the organization's objectives and resources. D. market size. E. cost of reaching the segment.