The cost of capital is used to decide whether a proposed corporate investment will increase or decrease a firm's stock price
Indicate whether the statement is true or false
TRUE
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What factors are used to refer to the following two dispositions (separated by semi-colons):
Outgoing, sociable and optimistic; Anxious, emotionally unstable, prone to depression.
A partner has implied authority to hire and fire employees whose services are necessary to carry on the partnership business
a. True b. False Indicate whether the statement is true or false
Which two factors have contributed to joint ownership of large-diameter pipelines?
a. high variable costs of ownership and low rates b. economies of scale and high fixed costs of ownership c. government regulation and development funds d. rail competition and the growth of domestic water transport
The Abel Company provided the following information from its financial records: Net income$250,000 Common shares outstanding 1/1 200,000 Common stock dividends$20,000 Common shares outstanding 12/31 300,000 Preferred stock dividends$25,000 Preferred shares outstanding 1/1 10,000 Sales$1,000,000 Preferred shares outstanding 12/31 6,000 ?What is the amount of the company's earnings per share?
A. $1.00 B. $0.90 C. $0.75 D. $0.82