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natulia [17]
3 years ago
9

Due to dropping sales, a company that manufactures soaps begins to sell them to restaurants and hotels to extend their product's

life. the soap manufacturer is in the ________ stage of plc.
Business
1 answer:
fomenos3 years ago
8 0
<span>The soap manufacturer is in the decline stage of plc.As the company that manufactures soaps begins to sell them to restaurants and hotels to extend their product's life tells that their soap is not being purchased by customers and so as to overcome their cost of making soap they are selling it to restaurants and hotels.</span>
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The cumulative preferred stock is the stock that accumulates dividends when the dividends are partially or not paid at all in a certain year. The dividends must be paid in the future.

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Total dividend on preferred stock = 24000 + 8000 = $32000

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