Bob Wright owned 100 shares of Lawson Company's convertible preferred stock at $10 par value. He converted each share of preferred stock into three shares of common stock. Compute the number of shares of common stock Bob Wright received when he converted the shares
300
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The auditor's communication of material weaknesses in internal control for a nonpublic company is:
A. required to enable the auditor to state that the examination has been made in accordance with generally accepted auditing standards. B. required to be included as part of the audit opinion. C. required even though the financial statement audit for private companies does not require an audit of the entity's system of internal control. D. the principle reason for studying and evaluating the system of internal controls.
This type of communication, according to functional group decision making, is considered the most important for making a group decision.
A. promotive B. disruptive C. counteractive D. socioemotional
Relationships that are successful often preserve which aspect of our health?
A. premature aging B. depression C. mental health D. obesity
Use this information to answer the following question. Baker Company has the following information for the pay period of January 1-15, 2010 . Payment occurs on January 20. Gross payroll $16,000 Federal income taxes withheld $1,800 Social security and Medicare rate 7.65% Federal unemployment tax rate .8% State unemployment tax rate 5.4% Salaries Payable would be recorded for
a. $12,976. b. $10,760. c. $14,200. d. $11,984.