'Procurement' is one of the '4Ps' of marketing
Indicate whether the statement is true or false
FALSE
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Which of the following actions implies that a manager is working on a business plan rather than
a marketing plan? A) identifying potential new competitors B) mapping out strategies to achieve a productive end C) implementing ad hoc plans to take advantage of market opportunities D) including details on the operational activities of the firm
A. Marco Corporation has 6,000 shares of $100 par value, 8 percent cumulative preferred stock and 10,000 shares of $50 par value common stock outstanding. All shares were issued at par value. In addition, retained earnings total $198,000. If the preferred stock is callable at $105 per share and one year's dividends are in arrears, compute book value per share of preferred stock
b. Assume the same facts as in a above. Calculate book value per share of common stock. c. Assume the same facts as in a above and that Marco Corporation declares a 15 percent stock dividend on its common stock. If the market value on the declaration date was $60 per share, for what amount will Additional Paid-in Capital, Common be credited? d. Assume the same facts as in a above and that Marco Corporation declares a 4-for-1 stock split on its preferred stock. After the split, total par value of preferred stock equals what amount?