A cumulative dividend preference means that: A. preferred stockholders are paid dividends before common stockholders are paid dividends for the current year only. B. unpaid cash dividends to preferred stockholders must be replaced with stock dividends during the current period. C. preferred stockholders are paid their full fixed dividend rate each period as long as the company is in operation. D. unpaid dividends to preferred stockholders accumulate and must be paid before common stockholders receive dividends.

Walmart and target are the only stores in a remote town that currently stock and sell the playstation 5 video game console. managers at both stores are simultaneously deciding whether to charge a price of $1,000 or $1,500 for each console. if both stores charge $1,000, they earn a profit of $100,000 each. if both stores charge $1,500, they earn a profit of $200,000 each. if one store charges $1,000 and the other store charges $1,500, the store that charges $1,000 earns a profit of $250,000 and the firm that charges $1,500 earns a profit of $50,000. if walmart and target they can both charge $1,500 and earn the highest combined profit available. engage in spirited price competition collude with each other privately undercut each other after making an agreement compete with each other only with regard to price and not quantity compete with each other only with regard to quantity and not price