Surviving dependents may have their Social Security benefits reduced or eliminated
A)
if they are found guilty of a felony.
B)
if the surviving spouse were married to the decedent for less than five years.
C)
if they have substantial market earnings.
D)
for any of the reasons cited above.
C
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Which one of the following adjustments increases net income for the period?
a. Recognition of the amount of supplies used b. Recognition of interest on a note receivable c. Recognition of wages earned, but not paid to employees d. Recognition of rent costs that had been paid to the landlord in advance
______________ generally result(s) in greater economic pressure on the target nation.
a. Unilateral sanctions b. Multilateral sanctions c. International ostracism d. Financial sanctions
Accompanying the bank statement was a debit memo for an NSF check received from a customer. What entry is required in the company's accounts?
A) debit Other Income; credit Cash B) debit Cash; credit Other Income C) debit Cash; credit Accounts Receivable D) debit Accounts Receivable; credit Cash
Blue Hamster Manufacturing Inc. just reported earnings after tax (also called net income) of $9,750,000 and a current stock price of $36.75 per share. The company is forecasting an increase of 25% for its after-tax income next year, but it also expects it will have to issue 2,900,000 new shares of stock (raising its shares outstanding from 5,500,000 to 8,400,000).
If Blue Hamster's forecast turns out to be correct and its price/earnings (P/E) ratio does not change, what does the company's management expect its stock price to be one year from now?