1. The holder is entitled to receive a promised dividend amount each year. If the dividend cannot be paid in a given year, the dividend does not accrue and past dividends need not be paid. 2. The company retains the right to redeem and cancel the preferred stock at any time it wishes. This preferred stock is:

For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.

Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.

A$100 million interest rate swap has a remaining life of 10 months. under the terms of the swap, the six-month libor is exchanged semi-annually for 12% per annum. the six-month libor rate in swaps of all maturities is currently 10% per annum with continuous compounding. the six-month libor rate was 9.6% per annum two months ago. what is the current value of the swap to the party paying floating? what is its value to the party paying fixed?