Yoder, Inc

question 33

Multiple Choice

Yoder, Inc. has 150,000 shares of $10 par value common stock and 75,000 shares of $10 par value, 6%, cumulative, participating preferred stock outstanding. Dividends on the preferred stock are one year in arrears. Assuming that Yoder wishes to distribute $405,000 as dividends, the common stockholders will receive

• A) $ 90,000.
• B) $165,000.
• C) $240,000.
• D) $315,000.

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Definitions:

Motivation

The internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject, or to make an effort to attain a goal.

Constitutional Traits

Characteristics and qualities that are believed to be biologically determined, such as certain behavioral tendencies or physical features.

Source Traits

Fundamental personality traits from which surface traits, observable behaviors, are derived according to trait theory.

Innate

Traits, behaviors, or abilities that are present from birth, not acquired or learned.