The International Monetary Fund (IMF) makes short-term loans to developing countries experiencing balance-of-payment deficits.
Answer the following statement true (T) or false (F)
True
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The following information has been provided to you by the Smith Corporation for the year ending December 31, 2018:The numerator used in the calculation of basic earnings per share was $797,000. Cash dividends were paid to the common shareholders. 8% convertible bonds with a par value of $1,000,000 were issued on July 1, 2018. The corporation's marginal income tax rate is 40%. 6% convertible preferred stock with a par value of $800,000 were outstanding during the entire year. Assuming that both the bonds and preferred stock are dilutive, what is the numerator that should be used in the calculation of diluted earnings per share?
A. $773,000 B. $821,000 C. $893,000 D. $869,000
Distinguish between a direct involuntary conversion and an indirect involuntary conversion.
What will be an ideal response?
Laszlo’s organization provides group health insurance that covers a set percentage of fees for medical services such as doctors or in-patient care. It allows him to go to any doctor or provider. His group health insurance is a ______.
A. fee-for-service plan B. health maintenance organization C. preferred provider organization D. health savings account service
False advertising, conspiracy and abuse of dominant position are dual track offences under the Competition Act
Indicate whether the statement is true or false