Gracey's Department Stores has $200,000 of 6% noncumulative, nonparticipating, preferred stock outstanding. Gracey's also has $600,000 of common stock outstanding. During its first year, the company paid cash dividends of $30,000. This dividend should be distributed as follows:
A) $15,000 preferred; $15,000 common.
B) $6,000 preferred; $24,000 common.
C) $30,000 preferred; $0 common.
D) $12,000 preferred; $18,000 common.
E) $0 preferred; $30,000 common.
D) $12,000 preferred; $18,000 common.
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What legal and ethical pricing issues need to be considered when retailers set their prices?
What will be an ideal response?
Annette contemplates enacting stricter sanctions and punishments for violations of safety standards at The Burger Joint. Alternatively, she considers implementing a reward system, such as bonuses or vacation time for low injury rates. Annette has accomplished which step of the decision-making model?
A. generate multiple alternatives B. identify and weigh decision criteria C. choose, implement, and evaluate the best alternative D. rate alternatives on the basis of decision criteria
For which type of merchandise would a company most likely use the specific identification method of inventory costing?
A) Gasoline held in storage tanks B) Cases of bottled water C) Fine jeweler D) Barbie dolls
_______________ is defined as certain words or metaphors and expressions specific to an organization.
a. Organizational mission b. Organizational vision c. Decoding and encoding d. Organizational language