When preferred stock has a preference as to dividends, the current year's preferred dividend must be paid before a dividend can be paid to common stockholders
Indicate whether the statement is true or false
T
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The discount on a note payable is charged to an account that has a normal credit balance
a. True b. False Indicate whether the statement is true or false
The specific identification method requires that each inventory item have a distinguishing feature or marking to assure proper identification
Indicate whether the statement is true or false
McCarthy classified marketing activities into the four Ps of the marketing mix. These four Ps stand for ________
A) product, positioning, place, and price B) product, production, price, and place C) promotion, place, positioning, and price D) place, promotion, production, and positioning E) product, price, promotion, and place
Which of the following is true of a firm that has high market dependence?
A. Its competitive advantages are more sustainable B. It is likely to respond strongly to attacks threatening its market position. C. Its position helps protect it from attacks by competitors. D. It will respond quickly to any threat to its position.