Research results indicate that job satisfaction is strongly related to job performance

Pat has to select the right paper clips to purchase for her office. She looks at the office supply catalog and picks the first one that is priced reasonably. Which method of making a decision does she use?

A. forecasting B. optimizing C. satisficing D. maximizing E. brainstorming

Cash dividends and two classes of stock Raymond Inc., has two classes of capital stock outstanding: 25,000 shares of 5%, $100 par value cumulative preferred and 30,000 shares of $10 par value common

The company had a deficit (negative balance in retained earnings) of $160,000 at the beginning of the current year, and preferred dividends were three years in arrears. During the current year, the company earned net income of $970,000. What will be the balance in the Retained Earnings account at the end of the current year if the company takes all the actions necessary to pay a dividend of $2.50 per share on the common stock? $________________ What will be an ideal response?