Given the following for the Austin Company: The following Capital Structure items existed for the entire year: 1. 6%, Cumulative Preferred Stock (Total par $200,000), Convertible to 20,000 common shares. 2. Stock Options to purchase 12,000 Common Shares at $31 per share. Indicate the dilution status of the Cumulative Preferred Stock and the Stock Options. Select one:

Suppose that, on the basis of a nation’s production possibilities curve, an economy must sacrifice 10,000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9,000 pizzas. now consider the following statement: “through international specialization and trade, a nation can reduce its opportunity cost of obtaining goods and thus ‘move outside its production possibilities curve.’”