Rachel’s designs has 1,100 shares of 7%, $50 par value cumulative preferred stock issued at the beginning of 2016. all remaining shares are common stock. due to cash flow difficulties, the company was not able to pay dividends in 2016 or 2017. the company plans to pay total dividends of $13,000 in 2018. how much of the $13,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders?

Will you use single-entry bookkeeping or double-entry bookkeeping? explain why.

You are an employee of an u.s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u.s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u.s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?

Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d.select short-term savings instruments to lock in earnings at a current high rates.