Which of the following is not usually a right or attribute of preferred stock? a. having a priority claim in liquidation relative to the common stock's claim in liquidation. b. having a claim to dividends that is cumulative over time if the annual dividend requirement is not satisfied. c. having a claim to dividends in excess of the annual dividend requirement if dividends on common stock exceed dividends on preferred stock. d. having a priority claim to dividends relative to the common stock's claim to dividends.

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer

What is a market? a. a system that allows people or companies to buy and sell products and services b. the number of companies willing to manufacture a specific product c. the ability to buy production materials in large quantities and save on costs d. a product's ability to satisfy a consumer