Preferred stock comes in many varieties. ___ preferred stock includes a requirement that past dividends not paid must be paid in future years before any common stock dividends may be paid. ___ preferred stock includes the ability to collect dividends with the common stock owners after all preferred dividends have been paid. ___ preferred stock may be turned in for common stock under certain conditions. ___ preferred stock, also known as callable preferred stock, comes with the risk that the issuing company may ___ the shares under certain conditions. Fill in the blanks with words that would best complete the passage.

When consumers discard their gasoline-powered automobiles for electric-powered ones, this partially reflects the of gasoline?

Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.