How is preferred stock similar to bonds?
A) Preferred stockholders receive a dividend payment (much like interest payments to
bondholders) that is usually fixed.
B) Dividend payments to preferred shareholders (much like bond interest payments to
bondholders) are tax deductible.
C) Investors can sue the firm if preferred dividend payments are not paid (much like
bondholders can sue for non-payment of interest payments).
D) Preferred stock is not like bonds in any way.
A
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Which of the following should be deducted from net income in calculating net cash flow from operating activitiesusing the indirect method?
a. depreciation expense b. gain on sale of land c. a loss on the sale of equipment d. dividends declared and paid
An area's level of saturation can be calculated by examining average sales per retail store, store sales per capita, and sales per square foot of selling area
Indicate whether the statement is true or false
Shale Remodeling uses time and materials pricing. It is setting prices for next year using the following information: Labor rate, including fringe benefits$75per hourAnnual labor hours 6,350hoursAnnual materials purchases$1,206,250 Materials purchasing, handling, and storage$241,250 Overhead for depreciation, taxes, insurance, etc.$666,750 Target profit margin for both labor and materials 25% What is the total price for a project requiring 160 direct labor hours and $150,000 of materials?
A. $225,000. B. $256,000. C. $210,000. D. $253,500. E. $184,000.
The most common type of franchise is the dealership.
Answer the following statement true (T) or false (F)