Watson Company has 5,000 shares of $5 par, 3% preferred stock outstanding, and 25,000 shares of $2 par common stock outstanding. The preferred stock is cumulative and no dividends have been paid for the past two years. If the company wishes to distribute $2 per share to the common stockholders, what is the total amount of dividends that must be paid in the current year?
a. $2,250
b. $50,000
c. $50,750
d. $52,250
d
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Which is true concerning demonstrations?
a. Demonstrations should be done only by the person presenting. b. Demonstrations should always include volunteers from the audience. c. Demonstrations will distract from the speaker. d. Demonstrations should be done with an assistant if necessary.
Lifebelt Insurance sells insurance only through its door-to-door salespeople. What type of marketing channel does Lifebelt use?
A) inclusive B) multitiered C) indirect D) direct E) selective
The approximate standard error of the point estimate of the population total is
A. 
.
B. 
.
C. 
.
D. 
.
The sensitivity of consumers to price changes is measured by the _____
a. input-output coefficient b. coefficient of substitution c. law of demand d. price elasticity of demand