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The Surf's Up issues 1,000 shares of 6%,$100 par value preferred stock at the beginning of 2017.All remaining shares are common stock.The company was not able to pay dividends in 2017,but plans to pay dividends of $18,000 in 2018.Assuming the preferred stock is cumulative,how much of the $18,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders in 2018?
Social Blunders
Mistakes or awkward situations created in social contexts due to misunderstanding or inappropriate behavior.
Diffusion of Responsibility
A socio-psychological phenomenon where individuals are less likely to take action or feel a sense of personal responsibility in the presence of a large group.
Unconscious
Pertaining to the part of the mind that is not currently in focal awareness and holds thoughts, memories, and desires beyond immediate consciousness.
Prosocial Behaviour
Prosocial behavior includes actions intended to benefit others, characterized by helping, sharing, or cooperating.
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