Xtreme Sports has 100,000 shares of $4 par value 6% cumulative preferred stock outstanding. Xtreme Sports also has 500,000 shares of $2.00 par value common stock outstanding. In the company's first year of operation, no dividends were paid. During the second year, Xtreme Sports paid cash dividends of $60,000. This dividend should be distributed as follows:.a. $7,500 preferred; $22,500 common. b. $0 preferred; $60,000 common.
c. $15,000 preferred; $15,000 common.
d. $16,000 preferred; $14,000 common.
e. $8,000 preferred; $22,000 common.

Afirm wants to hire a project manager (pm) at a salary of $100,000. 30% of pms have high ability, and 70% of pms have low ability. high ability pms generate $120,000 in revenue and low ability pms generate $80,000 in revenue. in addition to differences in productivity, high and low ability pms have different outside offers. if a high ability pm is not hired by the firm, she can work for another company at a salary of $80,000. if the low ability pm is not hired by the firm, she can work for another company for $70,000. high ability pms are also able to get a project management professional (pmp) certification at a cost of $1,000. low ability pms are unable to get a pmp certification (they would fail the test). the firm is not able to observe a pm’s ability, but is able to observe and verify whether or not the pm has a pmp certificate.(a) draw the extensive form of the game.expert answer