Wetzel, inc. has 20,000 shares of cumulative preferred stock outstanding, with annual dividends paid at a rate of $1 per share. wetzel, inc. also has 40,000 shares of common stock outstanding. preferred dividends were passed in the prior year. if wetzel, inc. declares a $700,000 dividend, each outstanding share of common stock would receive: (round your answer to the nearest cent.) a) $1.00 b) $16.50 c) $17.00 d) $17.50

oof

explanation:

f

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.