What are the two prevalent reasons--or results--that we strive for when lying?
What will be an ideal response?
Gain a reward and avoid a punishment.
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A corporation has 20,000 shares of 17%, $50 par cumulative preferred stock outstanding and 25,000 shares of no-par common stock outstanding. Preferred dividends of $36,000 are in arrears. At the end of the current year, the corporation declares a dividend of $208,000. How is the dividend allocated between preferred and common stockholders?
A) The dividend is allocated $2000 to preferred stockholders and $206,000 to common stockholders. B) The dividend is allocated $206,000 to preferred stockholders and $2000 to common stockholders. C) The dividend is allocated $208,000 to preferred stockholders and no dividend is paid to common stockholders. D) The dividend is allocated $170,000 to preferred stockholders and $38,000 to common stockholders.
On November 1, 2018, Arch Services issued $313,000 of eight-year bonds with a stated rate of 12% at par. Interest payments occur each April 30 and October 31. On December 31, 2018, Arch made an adjusting entry to accrue interest at year-end. What is the amount of Interest Expense that will be recorded on December 31, 2018? (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
A) $37,560 B) $6260 C) $18,780 D) $783
Each culture contains smaller ________, or groups of people with shared value systems based on common life experiences and situations
A) cultural universals B) reference groups C) subcultures D) monocultures E) social networks
________ includes searching for and sorting through information about the environment.
A. Forecasting B. Environmental scanning C. Predictions D. Minimization E. Competitive intelligence