Which of the following is true of preferred stock?
A) It has features of bonds and a common stock.
B) It has a claim on assets prior to creditors in the event of liquidation.
C) Its dividends can be paid only after paying dividends to the common stockholders.
D) It usually has a maturity of thirty years.
A
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You borrow $25,000 to be repaid in 12 monthly installments of $2,292.00. The annual interest rate is
closest to A) 24 percent. B) 12 percent. C) 1.5 percent. D) 18 percent.
A disadvantage of a partnership is that:
A. each partner is responsible for the acts of every other partner. B. there are inadequate management and employee skills. C. financial resources are obtained from one person only. D. specialized skill is difficult to find in the individual partners.
Industry consortia are more focused on optimizing long-term relationships than independent exchanges, which tend to focus more on short-term purchasing relationships
Indicate whether the statement is true or false
What is a computer network that provides data communication services for business in geographically dispersed areas (such as across a country or around the world).
A. Local area network. B. Wide area network. C. Metropolitan area network. D. Peer-to-peer network.