The__________________feature of preferred stock gives the preferred stockholders the right to receive current-year dividends and unpaid prior-year dividends before common stockholders receive any dividends.

Fill in the blank(s) with the appropriate word(s).

Ans: cumulative

Business

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Cross-elasticity is the percentage change in one product's sales due to a percentage change in a marketing variable for another product, such as price

Indicate whether the statement is true or false

Business

Wholesalers and retailers create efficiencies in the flow of goods from producer to end consumer by ________ when they provide a variety of products in one location

A) creating assortments B) just in time processing C) third-party logistics D) order processing E) inventory control

Business