Dividends on preferred stock are: a. paid after common stockholders receive their dividends. b. guaranteed, except in the event of bankruptcy. c. normally fixed, if and when dividends are paid. d. always greater than dividends on common stock.

Describe the three different ways the argument section of a cover letter can be formatted

Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.

Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.