Ace corporation pays its cumulative preferred stock $1.95 per share. there are 40,000 shares of preferred and 80,000 shares of common. in 2014, 2015, and 2016, because of slowdowns in the economy, ace paid no dividends. now, in 2017, the board of directors has decided to pay out $600,000 in dividends. the common stockholders receive:

a. $312,000
b. $288,000
c. $366,000
d. $444,000
e. none of these

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units. required: prepare a production budget by month and in total, for the second quarter.

What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.