Out of Africa,a Multi-National Corporation Had a Very Successful Year

question 219

Multiple Choice

Out of Africa,a multi-national corporation had a very successful year.The board of directors declared and paid a cash dividend of $50,000.The prior year,Out of Africa did not pay dividends on its 400 shares of cumulative,8%,$100 par,preferred stock.How much of the cash dividend was paid to the COMMON shareholders?

• A)$50,000
• B)$49,992
• C)$46,800
• D)$43,600

---

Definitions:

Self-actualization

The act of achieving or fulfilling one's skills and possibilities, viewed as a motivation or requirement inherent in all individuals.

Philosophical Assumptions

Fundamental beliefs or concepts that form the foundation for a particular theory, perspective, or methodology.

Diagnostic Manuals

Reference books like the DSM or ICD that provide criteria for diagnosing psychological disorders.

Theoretical Model

An abstract representation that explains complex phenomena or concepts, often used in scientific and psychological contexts to guide research and understanding.