A corporation had the following stock outstanding when the company's board of directors declared a $75,000 cash dividend in the current year:Preferred stock, $40 par, 6%, 12,500 shares issued$ 500,000Common stock, $10 par, 70,000 shares issued ……………. 700,000Total ………………………………………………………..$1,200,000Allocate the cash dividend between the preferred and common stockholders assuming the preferred stock is noncumulative and nonparticipating.
What will be an ideal response?
Business
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When a company pays money to sponsor someone or some group that participates in an activity, it is called:
A) public relations B) advertising expenditures C) marketing myopia D) sponsorship marketing
Business
What is the target full product cost per year? Assume all units produced are sold.
Paper Tiger Stationary Company is a price-taker and uses target pricing. Refer to the following information:
A) $18,030,000
B) $17,774,000
C) $25,600,000
D) $10,217,000
Business
Corporations are governed by federal law.
Answer the following statement true (T) or false (F)
Business
What are the factors responsible for declining birth rates in many nations? What impact will this have on international business?
What will be an ideal response?
Business