All of the following statements about preferred stock are true except A. preferred stock is presented first on the stockholder's equity section. B. preferred stock will have a paid-in capital account that is separate from other stock. C. there can be only one class of preferred stock. D. preferred stock can be either par value or no-par value.

Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.

What business practice contributed most to andrew carnegie’s ability to form a monopoly?