As a result of the small margin requirements, investing in futures contracts is considered risky.?
Answer the following statement true (T) or false (F)
True
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What is the North American Free Trade Agreement (NAFTA)?
What will be an ideal response?
Discuss the driving force behind the recent trend toward using microlearning and describe the forms microlearning might take.
What will be an ideal response?
If merchandise inventory is being valued at cost and the price level is steadily rising, the method of costing that will yield the highest net income is
A) periodic B) LIFO C) FIFO D) average
Ultimate Sportswear has $100,000 of 8% noncumulative, nonparticipating, preferred stock outstanding. Ultimate Sportswear also has $500,000 of common stock outstanding. In the company's first year of operation, no dividends were paid. During the second year, the company paid cash dividends of $30,000. This dividend should be distributed as follows:
A. $16,000 preferred; $14,000 common. B. $15,000 preferred; $15,000 common. C. $7,500 preferred; $22,500 common. D. $8,000 preferred; $22,000 common. E. $0 preferred; $30,000 common.