Stock appreciation rights give the employee compensation at a future date, based on the market price at the date of exercise in excess of a pre-established dollar market
Indicate whether the statement is true or false
T
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An earlier classification system grouped organisms by whether they inhabited the air, land, or sea. More modern classification systems such as the three-domain system are divided into class-order-family-genus-species as described in this chapter. What advantages does the more modern classification system have over the older system?
A. The modern classification system allows for the precise organization of a multitude of species. B. The more modern classification system groups organisms based on similarities related to their structure and evolution. C. The modern classification system better represents the unity of life. D. The modern classification system reflects the evolutionary relationships between organisms. E. All of the choices are correct.
A C corporation pays taxes at the corporate level and the shareholder's level
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Rients Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for October. Fixed Element per MonthVariable Element per Customer ServedActual Total for OctoberRevenue $4,100$182,900Employee salaries and wages$42,300 $1,300$98,800Travel expenses $700$30,500Other expenses$31,500 $31,900?When the company prepared its planning budget at the beginning of October, it assumed that 39 customers would have been served. However, 44 customers were actually served during October.?The spending variance for total expenses for October would have been closest to:
A. $600 F B. $600 U C. $9,400 U D. $9,400 F
Bernard Company provided the following information from its financial records: Net income$310,000? Total stockholders' equity$910,000? Common dividends$ 21,000 Common shares outstanding 12/31 131,000? Preferred rights$260,000? What is the company's book value per share?
A. $2.37 B. $2.21 C. $6.95 D. $4.96