Bonita, Inc. has 9500 shares of 8%, $100 par value, cumulative preferred stock and 95000 shares of $1 par value common stock outstanding at December 31, 2017. If the board of directors declares a $76000 dividend, the : a) $76000 will be held as restricted retained earnings and paid out at some future date.
b) preferred shareholders will receive $38000 and the common shareholders will receive $38000.
c) preferred shareholders will receive the entire $76000.
d) preferred shareholders will receive 1/10th of what the common shareholders will receive.

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince