Noncumulative preferred stock means that ________
A) the fixed dividend amount accumulates from year to year. The entire amount of all past unpaid dividends must be paid to the preferred shareholders before any dividends can be paid to common shareholders
B) the board of directors has the option to decide whether past unpaid dividends will be paid to preferred shareholders
C) preferred dividends accumulate as earnings accumulate
D) the balance in the Preferred stock account is increased by any additional shares that are sold during the year
B
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Recent studies suggest that, on average, investments clubs
A) outperform broad market indexes by several percentage points. B) underperform broad market indexes by a several percentage points. C) earn average rates of return. D) no data is available on investment club performance.
What is the primary managerial implication of Maslow's theory?
A) A satisfied need may lose its motivational potential. B) Safety needs can b satisfied using status symbols. C) Greater job autonomy satisfies the esteem need. D) Job-security pledges have no motivational impact.