The Basket Corporation Has the Following Classes of Shares: Preferred

question 7

Multiple Choice

The Basket Corporation has the following classes of shares: Preferred shares,$40,1,000 shares issued and outstanding,noncumulative.
Common shares,100,000 shares issued,50,000 shares outstanding.
In 20A,Basket Corporation was incorporated.It paid no dividends in its first year of existence.In 20B,the board of directors of Basket declared a total dividend of $180,000 to be paid to the holders of preferred and common shares.What was the amount of the dividend paid in 20B on each common share?

• A)$1.80
• B)$2.00
• C)$2.80
• D)$3.60

Describe the role of behavioral sciences in understanding organizational behavior.

Explain the relationship between positive organizational behavior and high-involvement management, and the aspects of human capital critical for competitive advantage.

Understand the impact of work habits on productivity and personal life.

Recognize the benefits of overcoming procrastination and effective strategies for doing so.

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Definitions:

International Telecommunication

Refers to the global exchange of information through electronic means, such as phone calls, emails, and satellite broadcasts.

International Trade

The exchange of goods and services across international borders or territories.

Foreign Aid

Is financial, technical, or material assistance given by one country to another, usually for developmental purposes or humanitarian aid.

Loan Interest

The additional amount charged by a lender to a borrower for the use of borrowed funds, usually expressed as an annual percentage of the principal.