Evergreen building, inc. has declared a $40,000 cash dividend to shareholders. the company has 5,000 shares of $20-par, 6% preferred stock and 10,000 shares of $15-par common stock. the preferred stock is cumulative. how much will be distributed to the preferred and common stockholders on the date of payment if the preferred stock is $12,000 in arrears?

Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account

Young owners of a sole proprietorship will likely not find financial support available from?