The cost of preferred stock is ________
A) lower than the cost of long-term debt
B) higher than the cost of common stock
C) higher than the cost of long-term debt and lower than the cost of common stock
D) lower than the cost of convertible long-term debt and higher than the cost of common stock
C
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When making a good markdown decision, a retailer should
A. consider only the rules-based approach because it has proven its reliability. B. only trust its own tastes and intuitions when stocking merchandise. C. rely exclusively on computer software designed for optimal pricing. D. look to limit markdowns as they hinder customer loyalty. E. work closely with its vendors and share the financial burden of the markdowns.
Bass Accounting Services expects its accountants to work a total of 27,000 direct labor hours per year. The company's estimated total indirect costs are $270,000. The company uses direct labor hours as the allocation base for indirect costs. What is the indirect cost allocation rate?
A) $10.00 per hour B) $20.00 per hour C) $100.00 per hour D) $12.00 per hour
Perdue found that one of its chicken products may have been contaminated with bacteria, so it pulled it off the shelves and instituted a recall. This potential ethical issue was associated with which element of the marketing mix?
A. price B. marketing communications C. product D. promotion E. distribution
According to the Case: Jack Welch, former CEO, General Electric, Jack placed a strong emphasis on
a. showing people how to succeed. He greatly expanded the role of GE’s management education and training programs b. a new concept called best practices c. transforming the communication patterns at GE to make GE a learning organization d. all of the above