Perfect Seed Inc. has 1,000,000 shares of 5%, $80 par value preferred stock authorized, of which, 23,000 shares are issued. None of the preferred shares are being held as treasury. What is the maximum dividend per share on each preferred share

Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?