Preferred stockholders' claims to a corporation's assets take precedence over the claims of some creditors.

Answer the following statement true (T) or false (F)


False

Preferred stockholders' claims take precedence over the claims of common stockholders, but not over those of creditors.

Business

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A general rule of thumb among marketing researchers is to use ________ first and then collect ________.

A. internal primary data; external primary data B. external secondary data; internal primary data C. secondary data; primary data D. primary data; secondary data E. observational data; questionnaire data

Business

The following is a system of simultaneous linear equations to allocate costs using the reciprocal method. Matrix algebra is not required.The following costs were incurred in three operating departments and three service departments in Westmoreland Company.DepartmentDirect CostsLabelSubassemblies$550,000 P1Final assembly 775,000 P2Marketing 285,000 P3Building occupancy 85,000 S1Research & development 120,000 S2Supervision 45,000 S3Use of services by other departments is as follows. User DepartmentsService Cost CenterSub-assembliesFinal AssemblyMarketingBuilding OccupancyR&DSupervisionBuilding occupancy0.300.250.20---0.150.10R&D0.500.50------------Supervision0.200.300.200.100.20---The equation for department S3 (supervision) is:

A. S3 = 0.10S1. B. S3 = $45,000 + 0.10S1. C. S3 = $45,000 + 0.90S1 + 0.10S2. D. S3 = $45,000 + 1.00S1.

Business

A strategy-formulation tool that summarizes and evaluates a firm's major strengths and weaknesses in the functional areas of a business, and provides a basis for identifying and evaluating relationships among those areas.

What will be an ideal response?

Business

Funds invested in a _____ should not be withdrawn for a stated period in order to avoid an interest penalty

A) savings account B) U.S. Treasury bill C) checking account D) NOW account E) certificate of deposit

Business