The board of directors of Clarian Motels has declared a dividend of $3,000,000. The company has 150,000 shares of preferred stock that pay $1.20 per share and 1,800,000 shares of common stock. After finding the amount of dividends due the preferred shareholders, calculate the dividend per share of common stock. (Round your answer to the nearest cent if necessary)
A. $0.44
B. $2.99
C. $1.57
D. $0.75
Answer: C
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Which of the following is not part of the balance sheet approach when computing income tax expense?
a. Identifying at each balance sheet date all differences between the book basis of assets, liabilities, and tax loss carryforwards b. Eliminating permanent differences between book and tax basis. c. Eliminating deferred tax assets. d. Assessing the likelihood that the firm will realize the benefits of deferred tax assets in the future.
Answer the following statements true (T) or false (F)
1. In a fostering change approach, management should provide the union with full information, training, and opportunities to participate in the design and implementation of change. 2. Labor unions resistance to change can be overcome by superior bargaining power and the threat of layoffs, bankruptcies or other adverse consequences. 3. Employers who are interested in fostering change can utilize manipulation, co-optation, coercion, and negotiation. 4. Public sector budget austerity is considered another aspect of financialization of markets due to the increased influence of financial institutions on public sector financial and nonfinancial decisions.
Which of the below is a correct statement regarding the defense of insanity
a. The defense of insanity is no longer accepted in the United States. b. A person is not guilty of a crime if in considering the act he was nuts or loony. c. the defendant was incapable of distinguishing right from wrong at the time the act was committed. d. the definition of insanity is one used by psychiatrists to determine treatments necessary for a mentally disturbed person.
All relational tables satisfy the 1NF requirements
a. True b. False Indicate whether the statement is true or false