Preferred stock that is given a right to share with the common stock in dividends in excess of a stated dividend rate is said to be
a. participating.
b. nonparticipating.
c. cumulative.
d. noncumulative.
a
Business
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When the selling price of a bond is stated at 100, it means that the bonds are selling
a. at a premium. b. at a discount. c. below par value. d. at face value.
Business
What is the strongest factor in deterring future fraud activity?
a. Legal prosecution. b. Sanctions. c. Termination. d. Counseling.
Business
Joy calls Jane and tells her to order extra bottled water in preparation for hurricane season. In this example, Joy is the ______.
A. noise B. sender C. receiver D. decoder
Business
In a common-size balance sheet for a retail store, the 100 percent amount is for
a. merchandise inventory. b. total property, plant, and equipment. c. total assets. d. total current assets.
Business