abc, inc has 1,0000 shares of 5%, $100 par value cumulative preferred stock and 1000,000 shares od $1 par value common stock outstanding. If ABC didi not pay a dividend in the prior year and the common stockholders receive $0.50 per share in dividends this year, then the total dividend declared and paid to both preferred and common stockholders this year was

Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right