The following statements are all true EXCEPT:
A) dividends are paid from net income.
B) dividends represent a use of cash and do not have to be paid if a firm has a net loss.
C) dividends are paid to a firm's stockholders, both preferred and common stockholders, are tax-deductible to the paying company.
D) preferred stockholders, who are primarily investors seeking current income, usually receive dividends.
C
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Which is not a step that a critical thinker takes?
a. describing the real issue b. asking questions and keeping an open mind c. weighing new information d. All the answers are steps that a critical thinker takes.
Goods or services in slow-cycle markets reflect:
a. organizations that serve a mass market. b. numerous first mover advantages. c. an inability to sustain a competitive advantage for long periods of time. d. competitive advantages that are shielded from imitation.