Author Question: A new small business, Underwater Wildlife, has opened to sell tours of underwater sites around the ... (Read 118 times)

vinney12 · **on:** Jul 14, 2018

A new small business, Underwater Wildlife, has opened to sell tours of underwater sites around the country and in South America. However, money has to be paid up front by the Underwater staff to book hotels and other travel arrangements before its clients have paid for the tours. That means Underwater is facing a potential
A) insurance difficulty.
B) cash-flow problem.
C) inventory-flow problem.
D) business plan crunch.
E) employee expansion task.

Question 2

What right do most common stockholders have that most preferred stockholders do not have?
A) First claim to company distributions
B) Voting rights
C) Ability to sell stock in the open market
D) Dividend guarantees
E) Authority over daily business decisions