A cumulative dividend preference means that: A. preferred stockholders are paid dividends before common stockholders are paid dividends for the current year only. B. unpaid cash dividends to preferred stockholders must be replaced with stock dividends during the current period. C. preferred stockholders are paid their full fixed dividend rate each period as long as the company is in operation. D. unpaid dividends to preferred stockholders accumulate and must be paid before common stockholders receive dividends.

Anew japanese restaurant opens two blocks from your home. the owner, reiko, is a personal friend of yours. you don't particularly like japanese food, but you decide to go anyway; however, there is nothing on the menu that sounds appealing. unfortunately, it turns out that most of the people in your town don't like japanese cuisine either. reiko confides that business is not good, but she isn't sure what to do from an economic standpoint. which of the following would most likely describe adam smith's perspective on this problem? select one: a. reiko should ask the government for assistance. b. reiko should close the restaurant and find a different career. c. reiko should lay off workers and do everything herself to save money. d. reiko should add other foods to the menu and offer discounts to attract more people to her restaurant.