Investors purchase preferred stock because preferred ________. ...

[folubunmi]

Investors purchase preferred stock because preferred ________.
 
  A) stock offers a possibility of a specified annual dividend
  B) dividends are increased each year
  C) shareholders have voting rights
  D) stock can always be converted to common stock

Question 2

If the amount of sales returns and allowances is large in proportion to gross sales, a weakness in the merchandising operations is indicated and the trouble should be determined and corrected.
 a. True
   b. False
   Indicate whether the statement is true or false

[ngr69]

Answer to Question 1

A

Answer to Question 2

True

[folubunmi]

Thanks for the timely response, appreciate it

[daiying98]

TYSM