The Pratt Company earned $140,00 . last year. The capital stock of the company consists of $600,00 . of 8% cumulative preferred stock and $600,00 . of common stock. The directors declared a dividend of half of the earnings. During the previous year, the company earned only enough to pay a 6% dividend on preferred stock. Compute the total amount that will be paid to the holders of common stock?
$10,000
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Sarah has filed a discrimination charge against her employers. Prior to litigating the discrimination charge, the Equal Employment Opportunity Commission (EEOC) would do all of the following EXCEPT:
A. propose a conciliation agreement to the respondents. B. evaluate the charge and decide whether or not to proceed with it. C. file a Supreme Court appeal as soon as possible. D. determine whether the gathered evidence will support a lawsuit.
Which of the following statements is true of negligence by an accountant?
A. It is not necessary to notify an appropriate person in management if an accountant has a basis for suspicion of fraud. B. The traditional defenses of contributory negligence and comparative negligence can apply in a negligence action against an accountant. C. The investigative techniques used by accountants will always uncover the fraud of a skillful and careful crook. D. The failure of an accountant to discover fraud by the client's employees or others is in itself proof of negligence by the accountant.
Quotations are any phrases or concepts that you take from any of your sources
Indicate whether the statement is true or false.
In which of the following communication networks does each person communicate with two others who are adjacent to them?
A. circle B. wheel C. chain D. all-channel