The floating rate feature on preferred stock allows the shareholders select one
a) to receive more dividends than the quoted yield when the firm enjoys a good year
b) to pay lower taxes when the dividend yield increases
c) to receive dividends which the corporation did not pay in previous years
d) to receive a higher or lower dividend yield depending on current competitive market conditions

Analyzing operational changes operating results for department b of delta company during 2016 are as follows: sales $540,000 cost of goods sold 378,000 gross profit 162,000 direct expenses 120,000 common expenses 66,000 total expenses 186,000 net loss $(24,000) suppose that department b could increase physical volume of product sold by 10% if it spent an additional $18,000 on advertising while leaving selling prices unchanged. what effect would this have on the department's net income or net loss? (ignore income tax in your calculations.) use a negative sign to indicate a net loss answer; otherwise do not use negative signs with your answers. sales $answer cost of goods sold answer gross profit answer direct expenses answer common expenses answer total expenses answer net income (loss) $answer