Answer:
1. <em>Holders of the stock are entitled to receive current and all past dividends before common stockholders receive any dividends</em> - Cumulative Shares
Holders of Cumulative Shares will always receive the dividends owed to them because even if they do not get it in a particular period, the dividends will accrue until the company is able to pay them.
2. <em>Holders of the stock can receive dividends exceeding the stated rate under certain conditions - </em>Participating Shares
Participating Shareholders are eligible to receive an extra dividend provided that there is surplus profit after all the other dividends have been paid off.
<em>3. Holders of the stock are not entitled to receive dividends in excess of the stated rate. - </em>Non- Participating Shares
Even if there are surplus profits after all other dividends have been paid off, these holders are not entitled to that profit.
<em>4. Holders of the stock lose any dividends that are not declared in the current year - </em>Non- Cumulative Shares
If their dividend is not declared in a certain period, they will forfeit that dividend for the period.
Answer:
Shawn would choose form 1040 filing tax form.
Explanation:
Answer:
D) insider trading information
Explanation:
Insider information is defined as private facts (non-public information) about a public corporation that are used by investors in order to gain advantage. Insider trading is illegal since 1934 (made illegal by the Securities and Exchange Act) since it provides unfair advantage to those investors who have the insider information over those investors who don't.
Answer:
Answer is option b, i.e. help their followers overcome obstacles to achieve their goals.
Explanation:
According to Northouse's text, the person who helps his/her followers to overcome the obstacle that one encounters while moving on the path towards his/her goals and also helps his/her followers to achieve their goals is considered to be a good leader.
