Answer: Option (a) is correct.
Explanation:
Given that,
Dividend in 2016 = $20,000
Preferred Shares = 400
Par Value of Preferred Stock = 400 × 10 = $4000
Rate of Dividend of Preferred Stock = 5%
(a) Dividend to preferred Shareholders:
= Par Value of Preferred Stock × Rate of Dividend
= $4000 × 5%
= $200
(b) Dividend to Common Shareholders:
= Total Dividend - Dividend to Preferred Shareholders
= $20,000 - $200
= $19,800
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Answer:
<em>E) Satisfaction Guarantees</em>
Explanation:
<em>Satisfaction Guarantees</em> also called <em>Money-Back Guarantee</em> is basically a straightforward assurance <em>that a refund will be produced if a purchaser is not satisfied with a product or service</em>.
This term is widely used in advertisements or commercials advertising a product or service and has been used for a long time as a marketing strategy.
D.Accounts Receivable are also called trade receivables.
This is because the account receivables were earned by practicing your trade or doing your business.
