A protective feature on a preferred stock that requires preferred dividends previously not paid to be disbursed before any common stock dividends can be paid are known as a .

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach

In a chapter 7 bankruptcy, a debtor:

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.