It is unethical, and considered a form of manipulation, to classify a cash flow as an investing or financing activity, when it really is an operating activity

A corporation has 20,000 shares of 17%, $50 par cumulative preferred stock outstanding and 25,000 shares of no-par common stock outstanding

Dividends of $36,000 are in arrears. At the end of the current year, the corporation declares a dividend of $208,000. How is the dividend allocated between preferred and common stockholders? A) The dividend is allocated $2,000 to preferred stockholders and $206,000 to common stockholders. B) The dividend is allocated $206,000 to preferred stockholders and $2,000 to common stockholders. C) The dividend is allocated $208,000 to preferred stockholders and no dividend is paid to common stockholders. D) The dividend is allocated $170,000 to preferred stockholders and $38,000 to common stockholders.

A company's pricing strategy should do all of the following EXCEPT which one?

a. define the initial price b. give direction for price movements over the product life cycle c. ignore the targeting and positioning strategy of the company d. set a competitive price