Burkert Company has 50,000 shares of $1 par value common stock issued and outstanding. The company also has 9,000 shares of $100 par value, 4% cumulative preferred stock outstanding. Burkert passed on preferred dividends in 2018 and 2019. For the common stockholders to receive a dividend at the end of 2020, the board of directors must declare dividends in excess of: a. $108,000.
b. $72,000
c. $36,000
d. $144,000

If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.

What are two benefits of consumer programs

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