For international companies, the dual extension strategy grows out of a geocentric orientation

Lafayette, Inc was incorporated on January 1, 2014

Lafayette issued 15,000 shares of common stock and 800 shares of preferred stock on that date. The preferred stock is cumulative, $100 par, with an 12% dividend rate. Lafayette has not paid any dividends yet. In 2017, Lafayette had its first profitable year, and on November 1, 2017, Lafayette declared a total dividend of $44,000. What is the total amount that will be paid to common stockholders? A) $9,600 B) $38,400 C) $5,600 D) $44,000

A whole life policy option where extended term insurance is selected is called a(n)

A) dividend option B) settlement option C) nonforfeiture option D) interest-only option