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Sabas Company has 40,000 shares of $100 par, 1% preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends:
Determine the dividends per share for preferred and common stock for each year.
Elastic
Describes demand that is sensitive to price changes, where a small change in price results in a significant change in the quantity demanded or supplied.
Dropping Price
A strategy involving the reduction of the price of a product or service with the aim of attracting more customers or selling off surplus stock.
Increased Sales
A rise in the number of products sold or services rendered, leading to higher revenue for a business.
Competitor-Oriented
Strategies or practices focused on understanding and reacting to the actions and market positioning of business competitors.
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