An exchange of e-mails cannot create a complete and unambiguous binding agreement.
Answer the following statement true (T) or false (F)
False
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XD7, Inc. has 50,000 shares of common stock outstanding and 2,000 shares of preferred stock outstanding. The common stock has a $1.00 par value. The preferred stock has a $100 par value, a 5% dividend rate, and is noncumulative. On October 31, 2018, the company declares the annual preferred dividend and dividends of $0.25 per share for common. Prepare the journal entry for the declaration of dividends. Omit explanation.
What will be an ideal response?
What contributed to the slowdown of migration into the United States from Mexico starting in 2005?
a. Higher profits were being realized from illegal activities. *b. poor economic conditions in the United States c. Mexican immigrants choose to go to Canada vs the United States. d. Mexico incentivized their citizens to stay in Mexico.
Numerous statutes have been enacted to protect buyers and sellers in sales transactions before, during, and after their related negotiations
Indicate whether the statement is true or false
Ashley and Matthew are husband and wife and both are practicing CPAs. On a joint return, Ashley gets to deduct her professional dues but Matthew does not. Explain.
What will be an ideal response?