Consider the Following Four Types of Payments That Could Be

question 119

Multiple Choice

Consider the following four types of payments that could be made by a normal operating firm: interest,common dividends,income taxes,and preferred dividends.Compared to the other payments mentioned,where would you rank common dividend payments in terms of the order of payment if the firm is liquidating?

• A) First
• B) Second
• C) Third
• D) Fourth

---

Definitions:

Gram Stain

A method used in microbiology for the differentiation of bacteria into two groups, Gram-positive and Gram-negative, based on the chemical and physical properties of their cell walls.

Crystal Violet

A triarylmethane dye used in Gram staining, antiseptics, and also as a textile dye.

Microorganisms

Tiny living organisms, often microscopic, such as bacteria, viruses, fungi, and protozoa, that can have various effects on other living organisms.

Swollen Glands

Typically the result of an infection, causing enlargement of the lymph nodes that can be felt under the skin, especially around the neck, armpit, or groin.