Nathan's athletic apparel has 1,900 shares of 7%, $100 par value preferred stock the company issued at the beginning of 2020. all remaining shares are common stock. the company was not able to pay dividends in 2020, but plans to pay dividends of $29,000 in 2021.
required:
1. how much of the $29,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders in 2021,
2. assuming the preferred stock is cumulative? what if the preferred stock were noncumulative?

Which one of the following is most apt to align management's priorities with shareholders' interests? compensating managers with shares of stock that must be held for a minimum of three years holding corporate and shareholder meetings at high-end resort-type locations preferred by managers increasing the number of paid holidays that long-term employees are entitled to receive allowing employees to retire early with full retirement benefits paying a special management bonus on every fifth year of employment

What impact did the economic opportunities in pennsylvania and new york have on virginia? a. virginia planters started to migrate to new york. b. new yorkers began buying up cheap virginia real estate. c. virginians found themselves resorting increasingly to slavery. d. virginians loosened their slave laws to attract more migrants.

The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.