On January 1, 2014, Valente Corporation issued 60,000 shares of 6% cumulative preferred stock at $100 par value. On December 31, 2017, Valente Corporation declared and paid its first dividend. Given this situation, what dividends are the preferred stockholders entitled to receive before any distribution is made to common stockholders?Select one:
a. $1,800,000
b. $1,440,000
c. $360,000
d. $0
e. $1,080,00

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?

1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool.