The UCC makes a distinction between a professional and an occasional seller
Indicate whether the statement is true or false
T
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Open-ended questions are used to elicit a specific answer, such as yes or no
Indicate whether the statement is true or false.
______________________________ refers to the number of different processes through which a product flows
Fill in the blank(s) with correct word
Orleans, Inc was incorporated on January 1, 2014. Orleans issued 4,000 shares of common stock and 1,200 shares of preferred stock on that date. The preferred stock is cumulative, $100 par, with an 12% dividend rate. Orleans has not paid any dividends yet. In 2017, Orleans had its first profitable year, and on November 1, 2017, Orleans declared a total dividend of $63,000. What is the total amount that will be paid to preferred shareholders?
A) $14,400 B) $57,600 C) $13,200 D) $63,000
The expected return on the market is 10%, the risk free rate is 5% and Black Magic Cosmetics Inc. has a beta of -1. What is the expected return for Black Magic Cosmetics Inc.?
A) -10% B) -5% C) 0% D) 5% E) 7.5%