Answer the following statement(s) true (T) or false (F)
1. Organizations should contribute to local communities if in return they are deriving profits from local institutions.
2. The focus on diversity in the global business today is due to civil right legislation and from business initiated affirmative action plans.
1. False
2. False
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Electronic communication encourages the random access of information
Indicate whether this statement is true or false.
Explain how your expectations about the reader's reaction influence the organization and style of a message. Provide examples to support your explanation
Retaliatory demotion cannot support a claim on wrongful discharge
Indicate whether the statement is true or false
On January 1, 20X4, Pony Company acquired 25% of Stallion Company's common stock at underlying book value of $200,000. Stallion has 80,000 shares of $10 par value, 6 percent cumulative preferred stock outstanding. No dividends are in arrears. Stallion reported net income of $270,000 for 20X4 and paid total dividends of $140,000. Pony uses the equity method to account for this investment.Based on the preceding information, what amount would Pony Company receive as dividends from Stallion for the year?
A. $37,500 B. $35,000 C. $23,000 D. $92,000