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The shareholders' equity of Nick Co. includes the items shown below. The board of directors of Nick declared cash dividends of $4 million, $8 million, and $50 million in each of its first 3 years of operation: 2011, 2012, 2013, respectively.
Common stock, $1 par, 50,000,000 shares outstanding
Preferred stock, 6%, $100 par, 1,000,000 shares outstanding
Required:
Determine the amount of dividends per share on preferred and common stock for each of the three years. The preferred stock is noncumulative and nonparticipating.
Psychology of Influence
The study of how individuals can affect the thoughts, behavior, and feelings of others, often used in marketing, negotiation, and leadership.
Persuasive Message
A communication designed to influence the attitudes, beliefs, or behaviors of its recipients.
Cognitive Biases
Systematic patterns of deviation from norm or rationality in judgment, where individuals create their own "subjective social reality."
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The quality of being genuine or real; in digital contexts, it often refers to content or personas that are perceived as true to their origins, values, or intentions.
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